While planning for retirement, most people focus on inflation as the primary threat to their retirement savings. However, inflation is only one of the factors to consider. Another sometimes overlooked factor that can significantly impact our financial futures is recessions. Though less frequently discussed in the context of retirement planning, recessions don’t just affect our immediate financial situation; they can have lasting impacts on your purchasing power and the overall health of your retirement funds. Understanding how these economic downturns influence long-term savings is key to prep…