Three things happened around the time that the last two bear markets began: the 2-to-10-year part of the yield curve inverted briefly, the Federal Reserve cut interest rates for the first time in years, and the S&P 500 peaked in value, before plummeting from that peak. Sound familiar? However, while recession worries are mounting, the author of today’s article argues that a recession won’t necessarily wreck the retirements of those who are recently retired or nearing retirement – but something else might. For more, CLICK HERE.
“Recessions Are Bad, But This Is Worse”: What Could Really Wreck Boomers’ Retirements?
Tags:Baby BoomersBear MarketFederal ReserveInterest Rate CutsNearing RetirementRecently RetiredRecessionRetiredretirementS&P 500ValuesYield Curve