What exactly does that mean?

There has been a lot of talk recently about a recession: whether or not one will come, what it would mean, and how it would affect each of us. A recession is defined by the National Bureau of Economic Research as “a significant decline in economic activity that is spread across the economy and that lasts more than a few months.”  Usually, this means that the markets decline, businesses tighten up, and employment and wages can be negatively impacted. Call us (239-444-5980) if you would like to discuss how this might affect your retirement savings. We can speak to you one-on-one about what we believe is the best course of action to deal with a recession.

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