Many 401ks are shrinking
Many 401ks are shrinking
www.nbcnews.com
Retirees 'stunned' as market turmoil over tariffs shrinks their 401(k)s
58 comments
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This is a great indicator of how 401ks are doing
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People in retirement or about to retire should be seeing less than half that decline if they've used an appropriate target date fund (which most employers default to) or rebalanced manually into bonds. Still not great of course
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Gen X literally hates bonds. Before the pandemic they had the highest risk exposure of any generation before them because they never invest there money correctly.
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And great, just what we need: more of the same trend.
The older workers not retiring, now this time for a reason other than some pretentious sense of “honor”.
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If your investments, especially for retirement, are affected by a month over month change in the stock market you are either @MayoPete@hexbear.net or you are doing it incredibly wrong
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Jeeeeesus
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Live by the equities die by the equities (climate change and economic catastrophe)
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The planet will not exist by the time I'm retirement age
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58 comments