Like many Americans, you may be worried we are heading into a recession. More than 6 out of 10 Americans — 62% — believe there will be a recession in the next year, according to the latest CNBC All America Economic survey conducted in early July.
Older Americans in their late 50s and beyond feel better prepared than younger generations to handle a looming recession, according to another report by MagnifyMoney. Yet, overall, 68% of U.S. adults don’t feel financially prepared for one at all, the survey found.
Here are some strategies to recession-proof your finances, at every age.