Recession

Defining Financial Terms - Recession

A recession is a downturn in economic activity, defined by many economists as at least two consecutive quarters of decline in a country’s gross domestic product.

Financial terms can be confusing, and it can be difficult to know how they apply to you and your specific situation. Please reach out any time we can help you learn more and strategically plan to optimize your retirement planning.

Share this article

Other Related Content...

Fiduciary

A fiduciary is a person or organization that acts on behalf of another person, putting their clients’ interests ahead of their own, with a duty

Read More »
Defining Financial Terms - Contribution Limit

Contribution Limit

A contribution limit is the maximum amount that can be contributed to a retirement account in a given year. Financial terms can be confusing, and

Read More »
Defining Financial Terms - Beneficiary

Beneficiary

A beneficiary is a person or entity designated to receive benefits from a retirement account or insurance policy upon the account holder’s death. Financial terms

Read More »

Subscribe for Updates

* indicates required

By signing up, you agree to our Privacy Policy