Should You Postpone Your Retirement Plans If a Recession Hits in 2024?

At this point, the U.S. economy seems to be in a pretty stable place. Unemployment is historically low, and the number of new jobs added in December blew past economists' expectations.

Still, as of late last year, financial experts were continuing to caution that the economy could backslide in 2024. The reality is that sometimes, economic conditions can deteriorate without warning, so it's always good to be prepared for a recession, just in case.

If you're planning to retire in 2024, you may be worried that a near-term economic downturn will ruin your plans. But you're not necessarily doomed to have to keep working, even if a recession does strike this year.

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Source Fool.com