Economists say a recession is coming: How can 401(k) investors prepare?

Nick Strain
Economists say a recession is coming: How can 401(k) investors prepare?

According to a recent survey by the National Association for Business Economics, seven out of 10 economists expect a recession by the end of 2021. An economic downturn may tempt investors to put even less into retirement savings while waiting for a bull market to return. During the last recession, personal savings as a percentage of disposal income fell from 6.4% to 3.7% between December 2008 and January 2009.