Just like spring and summer always lead to fall and winter, we know winter is coming and another recession is on the horizon, we just don’t know when. If you have a leak in your roof, when's the best time to fix that leak? Before it rains, because once the rain comes, it's too late.
We've seen this movie before — sky-high real estate prices coupled with sky-high stock market prices — and we have our own ideas on how it’s going to end. Some retirees may be concerned about going through another 2008-type of crash again at this age now that time is no longer on their side. I'm 48 years old, so I have 20 more years before I even need my money. However, my retired clients are living off their money today.
