Originally Posted by
Reese
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)
i guess you better accumulate 3-4 million dollars in your 401k by retirement with no pension to match our pension payment. i wish you luck if you can maintain an 80/20 ratio after 65 to keep your income up with no pension, this would be ill advised and exceptionally risky. in retirement you don't have the option to not sell if it is your income source. i wish you luck.