Forget recession, here are 50 other things to worry about: OPINION
What’s the biggest financial risk we face? Today, many folks would point to the possibility of a recession, a stock market plunge and perhaps both. Indeed, those are perennial perils—but perhaps they shouldn’t be our biggest worries. Looking to lose sleep? Here are 50 other dangers we face:3. Your spouse leaves.6. Your son just got his driver’s license.8. Your employer is the 2019 version of Enron.10. Your children are ages two, three and five—and your spouse dies.13.
17. You were about to put your home on the market, but piping plovers took up residence on your front lawn.19. When you’re out of town, your high-schooler throws a wild, booze-fueled party—and somebody gets injured.22. Your insurer jacks up premiums on your long-term-care insurance to an unaffordable level.24. Your 20-something kid gets seriously ill—and hadn’t bothered to buy health insurance.26. Self-employment proves to be a bust.
27. Your life’s savings went into rental properties—and the properties attracted a string of deadbeat tenants.29. The U.S. electrical grid is hacked.31. We discover the economy won’t function if everybody keeps retiring at 62.33. You belatedly find out about your spouse’s gambling addiction.35. Your elderly parents are scammed out of the inheritance you were counting on.37. Your father leaves everything to his children, which is when you learn you have three half-siblings.39.
50. That gloom-and-doom financial prophet who’s been getting it wrong for decades? He’s finally right.More from MarketWatch Retirement Jonathan Clements Jonathan Clements is the editor of HumbleDollar.com, the author of “From Here to Financial Happiness,” and the former personal finance columnist for The Wall Street Journal.
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