It’s Sunday, which means...It’s time for the recap. I’m tying everything together and sharing the most important takeaway from this week’s theme: 

How To Recession-Proof Your Retirement

In case you missed any episodes, here’s what we covered in each episode this week: 

• Why You Never Want To Retire During A Recession - and what to do if this happens to you!
• Gaining Perspective By Understanding Market Cycles
• Why Cash Reserves Are The Key To Recession-Proofing Your Retirement
• How To Protect Your Investments In A Recession
• Having More Control Over Your Finances In A Recession

Here’s the bottom line: Retiring in the midst of a recession, or if a big one hits in the first few years of retirement can be devastating. But that doesn’t mean you need to be a sitting retired duck. You can take steps now to prepare by rebalancing and keeping enough cash on hand, as well as thinking through any changes you would be willing to make if a recession hits you from behind in retirement. 

Tomorrow, come on back, because we’re starting a brand new theme and exploring an interesting question: Why Do Family Fortunes Disappear? I’ll talk about why most family wealth legacies don’t last past the 3rd generation and the myriad of reasons why wealth tends not to last. Whether or not you think it’s important to leave money to your children and generations beyond, I think you’ll find next week’s podcast episodes interesting and useful in being strategic about how you pass down assets and wealth to the next generation. 

Thank you so much for listening this week! Please leave a review on Amazon, Apple Podcasts or wherever you listen to podcasts. I really appreciate your feedback, and reviews also help new people discover the show.  

My name is Ashley Micciche and I hope you have a blessed Sunday.

----------

>>> Subscribe on Apple Podcasts: https://apple.co/2DI2LSP

>>> Subscribe on Amazon Alexa: https://amzn.to/2xRKrCs

>>> Visit the podcast page: https://truenorthra.com/podcast/ 

----------

Tags: retirement, investing, money, finance, financial planning, retirement planning, saving money, personal finance