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- Joined
- Jun 25, 2005
- Messages
- 10,252
Americans Delay Retirement As Housing, Stocks Swoon - WSJ.com
I wonder if that 20% is a typo because if one is about to retire, I would have guessed that their investments would have been a little less aggressive to prevent such a large short-term loss. Nevertheless, he's got to have another source of assets since $240K (or even $300K) is probably not enough to pay the bills.... has watched the value of his 401(k) and individual retirement accounts fall by roughly 20% so far this year, to a combined $240,000.