A recession is a period of prolonged economic downturn which affects virtually everyone. Although you can't control the economy, there are ways to protect yourself from its challenges on an individual level.

Financial difficulties are not uncommon among older adults. A recent study found that the most common type of debt among older adults is credit card debt.

The traditional 60/40 diversification strategy needs to be revisited in light of the rising inflation and interest rates of today's economical market.

Rising inflation rates present financial challenges to boomers. These budgeting tips can help boomers get the most from their dollar and protect their retirement.

Get insider tips on investing during periods of high inflation, with a breakdown of fund manager, Peter Lynch's, advice on investing during uncertain times.