22 Ways to Protect Your Retirement From a Possible Recession

Save Money for Emergencies

By money, we mean cash. The best way to save for an unexpected event is through liquid funds. “We recommend all investors set aside cash for emergency expenses,” Williams said. “Retirees or near-retirees should have enough cash to cover at least one year of expenses, and those not yet in retirement should have three to six months of expenses.”

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