Originally Posted by
willflyforfud
ask your pilot friends how they feel about their retirements if they only have B funds/401k and profit sharing after this week in the stock market. my pension only lost to inflation... it's not perfect, but it provides a serious amount of security.
Dude, terrible way to look at a stock market correction. Guess what, I feel GREAT about it. Just like in 2009, buying opportunity and the market is up CRAZY in the 10 years since, BEATING inflation.
id take 16% b fund cash over cap any day vice an A plan. And I’m at Fedex.
our A plan is down 17.2% over the last 10 years(inflation eating away at value)
the stock market after today is STILL up 167% over the same time period.
assuming an 80/20 portfolio, that’s ~134% gain, 13% annual gain, vs our A plan’s NEGATIVE 1.7% return.
as long as you didn’t freak out and sell low, your account regained its value in less than 3 years (and more if you kept investing)