What retirees should do right now to prepare for a recession

Title: What retirees should do right now to prepare for a recession

Article Snip: "Retirees often underestimate the potential impact of recessions on their financial well-being ...There are several essential strategies and preparations that retirees should employ to prepare for and navigate recessions successfully. ..."

Reference: www.marketwatch.com
Recession 2023,Biden Economy 2023,

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The great unretirement! How droves of employees are now being forced BACK to the workplace as inflation hammers their savings - here's what to know before you quit work

Title: The great unretirement! How droves of employees are now being forced BACK to the workplace as inflation hammers their savings - here's what to know before you quit work

Article Snip: "An estimated 1.5 million retirees re-entered the labor market in the year up to May 2022, according to an analysis of Labor Department data by Indeed economist Nick Bunker for The Washington Post. This is a reversal of the trend which saw millions of people fleeing the workforce during and following the Covid-19 pandemic. And according to a study by payroll services company Paychex this year, one in six retired Americans are now considering going back to work. ..."

Reference: www.dailymail.co.uk
Retirement under Democrats,Inflation 2023,Biden Legacy,Biden Economy 2023,

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Biden attempts to comfort citizens over U.S. financial collapse

Title: Biden Urges Confidence in US Banks After Collapse

Article Snip: "...President Joe Biden on Monday assured Americans that the nation’s financial systems are sound, following the swift and stunning collapse of two banks that prompted fears of a broader upheaval. “Americans can have confidence that the banking system is safe..."

Reference: www.newsmax.com
U.S. financial collapse,Biden Legacy,Run on Banks,Biden Economy 2023,

Lowering inflation to the Fed's target would require a deep recession that more than doubles unemployment, say Cleveland Fed economists

Title: Lowering inflation to the Fed's target would require a deep recession that more than doubles unemployment, say Cleveland Fed economists

Article Snip: "The economists added that for the Fed's stated 2% inflation target to be achieved, the unemployment rate would have to climb to 7.4% for one year. That's more than double the currency jobless rate of 3.4%. "A deep recession," the economists said, "would be necessary to achieve the SEP's projected inflation path. ..."

Reference: businessinsider.com
Inflation, Biden Economy 2023, Unemployment Under Biden, Failed Economic Policies (2023), Recession 2023, Fed's stated 2% inflation target,