HI Bill
Thinks s/he gets paid by the post
- Joined
- Dec 26, 2017
- Messages
- 2,565
Your profile says your retirement year is 2020. If that's the case, and you have no assets outside the 401(k) listed above, you can't really afford to lose anything. However, $50K won't get you far in retirement, unless you're 99. I'd bite the bullet and increase your contributions. Dollar cost averaging!I only have 50,000 in my 401(k). These stock market lows are killing me! I’m not selling or cashing anything in. I was thinking of increasing my payroll deductions to take advantage of the greater buying power. But I have to be honest, I’m scared and I really don’t have any money to lose.