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The Water Cooler
General Discussion
Nasdaq hit the circuit breakers against this morning; going up
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<blockquote data-quote="DRC458" data-source="post: 3340689" data-attributes="member: 530"><p>Oh, both have a place ... absolutely. I'm retired. I have SS and a pension, and my investments from IRA's, 401K's, etc. I can live on what I get from SS and my pension, or I would not have retired. HOWEVER, what I have/had in my retirement accounts (401K's, IRA's, etc.) provide for the activities I might enjoy above and beyond just existing. The more that dries up, the less I get to enjoy retirement. If you're still working, you're young enough to make up some of those losses. Those of us who are retired either have to ride that out or go back to work (if we could find a job). If we ride it out, we probably won't live long enough to earn it all back.</p><p></p><p></p><p>.</p></blockquote><p></p>
[QUOTE="DRC458, post: 3340689, member: 530"] Oh, both have a place ... absolutely. I'm retired. I have SS and a pension, and my investments from IRA's, 401K's, etc. I can live on what I get from SS and my pension, or I would not have retired. HOWEVER, what I have/had in my retirement accounts (401K's, IRA's, etc.) provide for the activities I might enjoy above and beyond just existing. The more that dries up, the less I get to enjoy retirement. If you're still working, you're young enough to make up some of those losses. Those of us who are retired either have to ride that out or go back to work (if we could find a job). If we ride it out, we probably won't live long enough to earn it all back. . [/QUOTE]
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Nasdaq hit the circuit breakers against this morning; going up
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