Will i survive a recession

Question

if i were a self funded retired person living off a term deposit investment would i survive a recession? if not what should i do to survive as rates go down?

Answer 1

.....yes why not, be strong and face like a man,

  nothing can deter you from your determination.

Answer 2

If your money is with a strong and reliable institution, you will at least keep getting the same income. You can try to fix your rate for a long term so a fall in rates won't effect you until the term is over.

My advice : Pray and ask God for wisdom. He tells us that when we ask Him for wisdom He will give it to us and not criticise us for asking or being foolish. Ask Him now.

Answer 3

Yes, You can.