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Your 401K is getting destroyed
Posted on 6/13/22 at 2:35 pm
Posted on 6/13/22 at 2:35 pm
Along with the gas prices and food prices and all the other prices. I’m only 40, so it doesn’t matter as much, but I feel for these people who were only a year or so away from retiring.
70
Posted on 6/13/22 at 2:35 pm to Allthatfades
If they were only a year from retirement. They probably weren't holding 100% stocks in their portfolio
Posted on 6/13/22 at 2:36 pm to Allthatfades
I wouldn’t have known. Thanks for the heads up.
Posted on 6/13/22 at 2:36 pm to Allthatfades
Most people a year away from retirement aren't holding more than half of their assets in stocks.
Posted on 6/13/22 at 2:37 pm to Allthatfades
Posted on 6/13/22 at 2:39 pm to Allthatfades
I am 59 and diversified but I have still lost a lot. Just buying low again I guess. Man I miss the Trump economy.
Posted on 6/13/22 at 2:42 pm to Allthatfades
Boomers getting screwed darn it
Posted on 6/13/22 at 2:42 pm to Allthatfades
Time to surrender you guns!
Posted on 6/13/22 at 2:42 pm to Allthatfades
And here comes the end of day selloff.
Bring on the pain.
Bring on the pain.
This post was edited on 6/14/22 at 5:39 am
Posted on 6/13/22 at 2:44 pm to Allthatfades
My plan is to work 10 years after I am dead. Its a solid strategy.
Posted on 6/13/22 at 2:45 pm to Allthatfades
dollar cost averaging, baw
Posted on 6/13/22 at 2:45 pm to Allthatfades
Posted on 6/13/22 at 2:47 pm to Allthatfades
Jokes on you. I don’t have a 401K.
Posted on 6/13/22 at 2:47 pm to Allthatfades
Hopefully post like this, as if bear markets aren’t normal, mean we are close to the bottom.
Posted on 6/13/22 at 2:48 pm to Allthatfades
Yea and my son’s 529 college savings plan.
Posted on 6/13/22 at 2:48 pm to Allthatfades
Stocks are on sale baws 
Posted on 6/13/22 at 2:48 pm to Allthatfades
quote:
Your 401K is getting destroyed
Posted on 6/13/22 at 2:48 pm to Allthatfades
quote:
but I feel for these people who were only a year or so away from retiring.
Then their asset allocation should reflect that
Posted on 6/13/22 at 2:49 pm to Allthatfades
Joke’s on you, I don’t have a 401k!
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