The Stock Market’s Drop Is Hitting Many 401(k)s Harder This Time

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Look at your 401(k). No, seriously look at it. It might have more in stocks than you expect.

Target-date funds, a popular retirement-savings option, are more heavily invested in stocks than investors might think

Selloffs continued to batter major U.S. stock indexes, with the S&P 500 entering bear-market territory Friday for the first time in more than two years. WSJ’s Caitlin McCabe looks at some of the key causes behind the market volatility. Photo: John Minchillo/Associated PressMillions of workers and retirees are more exposed to the stock-market slide than they might expect.

 

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401(k)s have become 201 (k)s😭😭😭

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‘What are the chances? I retire and the stock market crashes. All my plans are upside down.’ I want to draw on my 401(k) to renovate my new home. What options do I have?What are the chances? I retire and the stock market crashes. All my plans are upside down. What do I do with my 401(k) now? The Moneyist answers: 😂😂boomers rekt Go back to work then, you all voted for this this collapse because Rachel Maddow convinced you a lie was true. She probably got richer shorting the market with Soros. In 1987 the Dow went from 2,700 to 776. The 2008 recession had a drop from 14,000 to 6,500 over 18 months. So far the Dow has gone from mid 30k to low 30k or about 4% loss. It’s not good news but hardly reason to panic or make radical changes to life plans.
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‘What are the chances? I retire and the stock market crashes. All my plans are upside down.’ I want to draw on my 401(k) to renovate my new home. What options do I have?What are the chances? I retire and the stock market crashes. All my plans are upside down. What do I do with my 401(k) now? The Moneyist answers: 😂😂boomers rekt Go back to work then, you all voted for this this collapse because Rachel Maddow convinced you a lie was true. She probably got richer shorting the market with Soros. In 1987 the Dow went from 2,700 to 776. The 2008 recession had a drop from 14,000 to 6,500 over 18 months. So far the Dow has gone from mid 30k to low 30k or about 4% loss. It’s not good news but hardly reason to panic or make radical changes to life plans.
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How To Understand Stock Market AlarmismTech Stocks Are Still Doing Better The S&P 500 “This is what we want you to see so you don’t think we are to blame”. -MSM When your tech stock shares have dropped 30, 40, or 50% you don't give a shit about the what's happening with the S&P.
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