Are We Headed Towards a Recession? How to Prepare Yourself
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Are We Headed Towards a Recession? How to Prepare Yourself
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Recession fears are back in the headlines, but should they be back in your financial plan, too? We’re in the middle of earnings season and data is coming in, so Scott will tackle the question: Are we heading for a recession?
With shrinking GDP, rising inflation, and uncertain interest rate moves by the Fed, we’ll try to decipher what the latest economic signals really mean and discuss how investors should think about their portfolios right now.
Here’s some of what we discuss in this episode:
📉 What GDP shrinkage really means for investors
⏳ Why timing the market rarely works
📆 How to prepare for a recession if you're near retirement
🔁 Understanding sequence-of-return risk
📈 History shows the market rebounds before the economy does
Resources:
Schedule A Call with Scott: http://callosborn.com/
Scott's Book, A Pilot's Guide To Maximizing Wealth & Cashflow In Retirement: https://amzn.to/3xSn1ii
The Pilot's Planner Website: https://thepilotsplanner.com/
Watch the podcast on YouTube! https://www.youtube.com/@ThePilotsPlanner