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re: Your 401K is getting destroyed

Posted on 6/13/22 at 7:34 pm to
Posted by TDTOM
Member since Jan 2021
17499 posts
Posted on 6/13/22 at 7:34 pm to
quote:

Your 401K is getting destroyed If they were only a year from retirement. They probably weren't holding 100% stocks in their portfolio


Correct. They were probably heavy in bonds which have performed just as bad or worse than stocks lately.
Posted by frequent flyer
USA
Member since Jul 2021
3181 posts
Posted on 6/13/22 at 7:38 pm to
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