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News@lemmy.world · 3 months ago

Retirees 'stunned' as market turmoil over tariffs shrinks their 401(k)s

www.nbcnews.com

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Retirees 'stunned' as market turmoil over tariffs shrinks their 401(k)s

www.nbcnews.com

return2ozma@lemmy.world to

News@lemmy.world · 3 months ago

Some are changing their spending habits while others are worried about their future quality of life.

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CmdrShepard42@lemm.ee
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3 months ago
Seriously I was scanning the comments to find anyone mentioning this. It’s insane to leave your funds in stocks if you’re retired or close to retirement. That should have been shifted to bonds or other stable investments years ago.

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