Worried About a Recession? Use This Tried-and-True Retirement Savings Strategy
You work hard to earn your money, and you do your best to invest it well so you can afford a comfortable retirement when you're older. But investing always carries risks. Many fear a recession could hurt the growth of their savings and force them to change their plans.While I can't predict the future, I know of a strategy that can help you to better weather the ups and downs of the stock market through good times and bad. It sounds deceptively simple, but it can make a significant long-term difference to your portfolio.Image source: Getty Images.Continue reading
You work hard to earn your money, and you do your best to invest it well so you can afford a comfortable retirement when you're older. But investing always carries risks. Many fear a recession could hurt the growth of their savings and force them to change their plans.
While I can't predict the future, I know of a strategy that can help you to better weather the ups and downs of the stock market through good times and bad. It sounds deceptively simple, but it can make a significant long-term difference to your portfolio.
Image source: Getty Images.
