Protecting Your Retirement, 401k and IRA from the Next Recession

Over 50% of CEOs surveyed predict a recession is unavoidable

Over half of all CEOs polled in a recent study and over 60% of all CFOs say that a global economic recession will be upon us by Q1 of 2021. There simply is not enough buying activity from main street to justify the high price to earnings ratios of most stocks on the S&P and the Dow Jones right now.

How to Safeguard Your 401k or IRA from a Stock Market Correction

More than ten thousand baby boomers enter retirement everyday and over half of them have investments in the stock and equities market. None of their financial advisers are going to tell them to sell their stocks and sit in something safer like cash, they’re going to have to figure that out themselves.

The first and most important thing to do is to take care of that old 401k with your previous employer. You may not even know what’s in it, and the investments may not fare well during the next recession.

A good thing to do is to make sure 60 – 70% of your 401k or IRA are in something safe like treasuries and bonds. While you may not continue to make perceived gains from the stock market, you’ll avoid major losses when it crashes down.

One of the best investments you can consider is precious metals, because gold and silver are incredibly undervalued right now. This is why a many Americans are getting a rollover from their 401k or IRA into a Gold IRA for extra security, and to enjoy the gold bull market once it resumes again.

401k to Gold IRA rollover guide

Fewer people are Having Sex and Jewelry Stores are shutting down en masse

It should not come as a shock to most people who understand the growing number of young people still living at home with their parents, that less Americans are having sex since 1989.

To add to this newfound involuntary celibacy, younger Americans are not getting married, having kids, buying homes, or even new cars the same way baby boomers used to. This is largely due to massive student loan debt and a shortage of real jobs that people could make a career out of.

Consequently Zale’s and Jared’s jewelers have started closing down over 300 stores in the last 2 years in an effort to meet deceasing consumer demand.

Many shopping malls are seeing less foot traffic as well, and the vacancies at the once great American shopping mall are starting to make an age old institution start to look more like a ghost town.

Americans owe $700K per person to pay off all government debt

If you thought the federal debt was only $22,000,000,000,000.00 USD (still unable to ever be paid off), then you’ll be in awe to learn the real national debt is around $100 trillion.

This is because there is nothing in place to pay for social security, medicaid and medicare. No one knows how we’ll ever balance a federal budget if we ever do, again.

Recent Federal Reserve Chairmen are Trying to Keep the Stock Market Bubble Inflated

Can you trust the Federal Reserve? I don’t think they can even trust themselves.

After a 2018 where they continuously raised interest rates to increase the federal funds rate, a stock market collapse in the making at the year’s end caused Federal Chairman Jerome Powell to renege on his promises to perform “quantitative tightening” and shrink the Fed Reserve’s balance sheet.

So, instead of getting rid of all that debt the Federal Reserve incurred over the last 10 years propping up the stock market after the Great Recession, the government basically admitted that they cannot ever return things to normal. Instead, even President Trump is publicly calling for more quantitative easing and the lowering of interest rates.

All this from a President who once called the stock market a bubble.