Welcome to a brand new week of the One Minute Retirement Tip. This week, I am talking about the danger of retiring during a recession. The problem with retiring during a recession is that your investment portfolio may also drop, 10, 20, or 30%, and can derail your plans for retirement.

So this week, I’ll share with you why a bad timing decision with your retirement can be so devastating for your portfolio, and what you can do about it.

Hopefully after listening to the tips this week, you will better understand what you can do to protect yourself in the early years of retirement from a stock market drop, and what to do if a recession hits just before or just after you retire - which, by the way, if you plan to retire in the next 5 years - is a very real and likely possibility.

That’s it for today. Thanks for listening!

Before you go, please take a minute to leave a review for the One Minute Retirement Tip in Amazon or iTunes. If you find these tips valuable, or if you have feedback for me or topic suggestions, it’s a great way to share the love and share your ideas with me! And thanks to all of you who have taken the time to leave a review.

My name is Ashley Micciche...and this is the One Minute Retirement Tip.

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Tags: retirement, investing, money, finance, financial planning, retirement planning, saving money, personal finance, wealth management, fee only financial advisor, financial planner, retiring soon, retirement concerns, recession