How to Think About Risky Stocks When You're Approaching Retirement

Retiring into a potential recession isn't what anyone would want, but there are ways to maintain some control over your portfolio in times of economic decline. Making some big-picture adjustments to your investments in the years leading up to retirement can pay big dividends down the line, all while creating additional security for your spending plan. In the years leading up to retirement, the goal tends to center around preserving wealth.