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How is your 401K or other retirement savings? Are we winning yet?

#retirement
HippieChick58 9 Feb 29
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9 comments

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1

Level 8

Since most of mine is in aggressive funds, Im gonna say Im fucked

1

Level 10

Nope it's in the dumper, it may recover or wall street will pull a slight of hand give themselves money and screw us again

1

Level 7

It doesn't really matter until you sell.

2

Level 9

I supplemented my normal pension contributions with my own, personal scheme. I purchased property which I let. Unlike cash in an account, property rises in value on a par with inflation, and whilst doing so also brings in extra income.

3

Level 8

I used to have a retirement account and it was doing really well, then came the down turn in 2000. Finished me off during the next one.

1

Level 9

I'm good. My IRA has done very well.

1

Level 9

None that I know personally..

2

Level 8

IMO IRAs and other savings instruments appreciate slower than the inflation rate, so lose value. However, I have one that rolled over from my 401K.

2

Level 9

It depends on which account it is. 401K lost a little, my IRA gained a little.. So I guess it's fairly balanced.

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