I wouldn't worry too much about it. A recession is not even close to the worst thing that can happen to you (both as an individual and as a family). It's not cancer, divorce or a horrific car accident. The only reason they're noteworthy is because they affect so many people at the same time.
Worst case scenario, you lose your job for a year or so and your portfolio gets fucked, but you'll survive and your children probably won't even look back at it that negatively (I know I didn't when my old man lost his job).
I wouldn't worry too much about it. A recession is not even close to the worst thing that can happen to you (both as an individual and as a family). It's not cancer, divorce or a horrific car accident. The only reason they're noteworthy is because they affect so many people at the same time.
Worst case scenario, you lose your job for a year or so and your portfolio gets fucked, but you'll survive and your children probably won't even look back at it that negatively (I know I didn't when my old man lost his job).