Experience or faith?A rather pessimistic view of retirement. If you properly plan and save for it, it’s a wonderful thing!
I'm doing so, but I have another 33 years before I reach retirement age - and I'm worried there will be another great depression before then where my 401k will be wiped and the retirement age will be upped to 75 or some such nonsense.A rather pessimistic view of retirement. If you properly plan and save for it, it’s a wonderful thing!
In 2008, when the bubble burst, my 401k went to less than 50% of its worth. Worried indeed. 12 years and a pandemic later, it's doing great. If you can figure this out, please let me know!I'm doing so, but I have another 33 years before I reach retirement age - and I'm worried there will be another great depression before then where my 401k will be wiped and the retirement age will be upped to 75 or some such nonsense.
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