News@lemmy.world · 1 year ago

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

www.nbcnews.com

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

www.nbcnews.com

return2ozma@lemmy.world to

News@lemmy.world · 1 year ago

219

Some are changing their spending habits while others are worried about their future quality of life.

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futatorius@lemm.ee
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1 year ago

401k are supposed to be the long game

The older you get, the shorter the game is. You need to gradually reduce the volatility of your investments, even at the cost of rate of return.

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