You've probably heard of the term recession—especially over the past year or so—and at least have some understanding of what it means. But have you ever heard of the term "richcession?" If you haven't, you're far from being alone. It's a newly coined term. We're going to explain what is a richcession is, who it could affect, how it differs from a recession, and much more. Retirement Plan Checklist: https://www.modwm.com/retirement-checklist/?utm_source=YouTube-MWM&utm_medium=AWMS&utm_campaign=richcession Get Ready for the Richcession: https://www.wsj.com/articles/get-ready-for-the-richcession-11672615577 The "Magnificent Seven Stocks" Continue to Drive the Market: https://youtu.be/wM3IxRP060o Start Planning: https://www.modwm.com/retirement-planning-tool/radio/?utm_source=AWMS_Pod&utm_medium=AWMS&utm_campaign=richcession Schedule: https://www.modwm.com/meet-with-us/?utm_source=AWMS_Pod&utm_medium=AWMS&utm_campaign=richcession Check out our other podcast! The Guided Retirement Show: https://www.youtube.com/c/theguidedretirementshow

Ask this episode

“What did the council decide on item 42?” — answered with the speaker and the moment.

Transcript

Related