Retirees 'stunned' as market turmoil over tariffs shrinks their 401(k)s

[cawacko]

In regard to the market today not seeing a problem and older workers/retiree's struggling

I wasn't speaking to people's overall financial state. That encompasses much more than just 401(k)s, so that's a different conversation.

The OP was about people's 401(k) dropping (and how that hurt them). I'm saying here we are 18 months later with these new records and would it reason people would celebrate it?

 

[Cypress]

April 2025 - No pain no gain!

The tariffs MUST stay in place!

How much longer is this pain going to last? We're about half way through your Messiah's term and people can't handle much more war, Trumpflation, and anemic job growth.

 

[cawacko]

She's nuts. You may as well try talking logically to a drunk, it would be the same result.

Haha! I haven't heard uscitizens name in like 15 years (dude was a liberal but you could have a conversation with him).

To your point, I learned long ago you can't have a normal conversation with this one.

 

[evince]

Older workers and retirees suffered severe, immediate 401(k) and IRA losses during the 2008 financial crisis—dropping 20% to over 40% depending on asset allocation—leaving many with too little time to rebuild before leaving the workforce.

Many near-retirees were forced to postpone their retirement dates by several years, continue working past planned milestones, or re-enter the labor force at low paid jobs after being laid off.

For a significant segment of older Americans, the shortfall contributed to rising senior bankruptcy rates, forced downsizing, and increased reliance strictly on Social Security.

It taught a generation of young people that corps won’t hesitate to destroy American life if there’s a chance of big CEO grifting

They can thank themselves for this recognition by the people that we need to bring out the leashes and muzzles with their names on them


You can never expect a profit seeker to stay within reasonable bounds

The idiots will always push it to a point that they crumble the system

Muzzle and leash time


FOREVER

 

[evince]

Wait. You and uscitizen (who hasn't posted here since like 2010), tried to tell me in 2021 that the proposed stimulus would increase inflation?

This is some Matrix level sh*t.

Avoidance

He died you asshole

 

[evince]

You were fucking wrong about that huge moment

And you try to scramble away from your own failure

You don’t have the track record to get any respect

 

[cawacko]

Avoidance

He died you asshole

I know he died.

You responded to me when I was speaking about an event in 2021 claiming you and uscitizen told me about it in (checks notes) 2010 or prior. Or do you talk to dead people now?

 

[cawacko]

Avoidance

He died you asshole

Or in 2010 (or prior) did you and uscitizen go to the future (2021), see that Biden was President and we were coming off a global pandemic and there was a debate over a third stimulus and it's potential effects on inflation. And that's what you told me about?

Why the F wouldn't you have slipped in some info about the stock market or who won certain games? That would have been some Back To The Future sh*t.

Instead that's what you guys focused on? Insert mind blown gif here please.