Is Another Recession Coming? Are You Protected?


Manage episode 238886986 series 1238356
By Retirement 360 and Alan Mercurio. Discovered by Player FM and our community — copyright is owned by the publisher, not Player FM, and audio is streamed directly from their servers. Hit the Subscribe button to track updates in Player FM, or paste the feed URL into other podcast apps.
Is another recession coming? How can you protect yourself? A new study from Allianz Life says that 48% of middle class americans fear a major recession, which is higher than it was last quarter. What are you doing to prepare? The Street is calling for a "Target Income Fund" to be created, but what does it do? Alan walks us through what the creation of the fund would accomplish and how it would benefit investors already in retirement. If you had at least a million bucks in your various accounts, would you consider yourself to be “wealthy”? Ameriprise Financial put that question to a group of people who each have between one-and-five million dollars…and the overwhelming majority (83%) said they don’t feel wealthy. Why do you think that is?

144 episodes