There has been a lot of talk recently about a recession: whether or not one will come, what it would mean, and how it would affect each of us. A recession is defined by the National Bureau of Economic Research as “a significant decline in economic activity that is spread across the economy and that lasts more than a few months.”  Usually, this means that the markets decline, businesses tighten up, and employment and wages can be negatively impacted. Call us, at (504) 655-9933, if you would like to discuss how this might affect your retirement savings. We can speak to you one-on-one about what we believe is the best course of action to deal with a recession.