During a recession, retirement planning can be particularly challenging. Brian Akers and Alex Monk emphasize the importance of having a plan to survive and thrive in volatile times. They stress the need to be prepared for market cycles and supply chain issues, and highlighted the benefits of seeking professional advice. In the current economic landscape, they discuss the importance of understanding factors that could impact the economy and making informed investment decisions. They also explore various retirement planning strategies, including taking a conservative approach, identifying 'at-risk' money, and considering ESG factors. By diversifying investments and taking calculated risks, individuals can navigate economic uncertainty and achieve their retirement goals.
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