I'm a bit tired of calculating how much of my retirement funds I have "lost" recently, so I have not done a comparison to these numbers. This makes a case for having a good part of your dough in bonds though.
Quote:
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Retirement account losses in 2008 disproportionately affected wealthy savers. Those with more than $200,000 lost more than a quarter of their savings, on average, according to an Employee Benefit Research's Institute analysis of 22 million participants in more than 55,000 employer-sponsored 401(k) plans. Investors in the $100,000 to $200,000 range suffered as well, with an average loss of 21 percent in 2008. The typical account with $50,000 to $100,000 lost 15 percent.
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http://finance.yahoo.com/retirement/...ack-Up-in-2008?
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In dire need of: faster horses, younger woman, older whiskey, more money.
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