2 Risks People Face If They Retire in Tough Economic Times
Many people scrimp and save for decades in hopes of enjoying a relaxing and rewarding retirement. But one thing that’s impossible to plan for when you are 25 or 30 years out from retirement is this: What will the economy be like when you reach 65, 67, 70 or whatever target retirement age you set for yourself?
If you luck into an economic upswing, good for you. But what happens if you finally reach that magic retirement moment and the market is tanking, inflation is out of control and stagflation has settled in?
In that scenario,
