64% of Americans Worry a Major Recession Is Imminent. Do This If You Feel the Same and Are Retiring Within 2 Years
On the surface, you'd think today's economy was pretty strong. Unemployment levels are low and inflation is finally cooling.
In spite of that, data from Allianz reveals that Americans are largely pessimistic about the state of the U.S. economy. Not only have 61% of Americans taken a financial hit over the past year due to rising interest rates, but 64% are worried that a major economic recession is due to strike any minute now.
Clearly, the latter is a scary thought in general. But it can be especially daunting for those who are on the cusp of retiring. So if you're worried about a recession and have plans to retire within the next couple of years, there's one key move you need to make.
Source Fool.com
