22 Ways to Protect Your Retirement From a Possible Recession

Don’t Spend Your Savings on Spoiling Your Children and Grandchildren

“Some adult children may look to their retired parents for financial support. If this may be the case for you, be judicious about taking on your adult children or grandchildren’s expenses,” Diesen said. “Remember — your grandchildren may be able to take out a loan for their education, but you won’t be able to acquire a loan for your retirement expenses.”

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