Thinking of Retiring in a Recession? Do These Three Things First
The U.S. economy is in trouble right now, with unemployment at a record high and the country officially in a recession. While this is bad news for every American, you may be especially troubled by all this disturbing economic news if you were considering retiring soon.
Whether you've already set the wheels in motion to retire, had been planning to give notice, or are thinking about retiring because you've lost your job due to COVID-19, you need to make sure you're still on track.
Retiring during a recession can be very different than quitting work during boom times, so make sure you've taken these three steps to shore up your finances and avoid money troubles after leaving the workforce.
Source Fool.com
