• IMongoose@lemmy.world
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            14 hours ago

            Ya you were scammed or we’re not getting the full story. If it was a real 401k it’s composed of diverse stocks and bonds and stuff and if it hit 0 the US wouldn’t really exist. Unless you were self managing and put it all into a company that stopped existing or something.

            • TachyonTele@lemm.ee
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              13 hours ago

              Every job for 34+ years, put money in every paycheck. Become disabled. Look in 401k, there’s not enough for even one months rent.

              I call that bullshit. I don’t care what everyone here thinks. You’re all smart asses until you find out.

              You might get two months rent after 65 years! Whoooo

              • Clent@lemmy.dbzer0.com
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                12 hours ago

                You’re math here isn’t working out. Were you putting less than a dollar a paycheck? Did you have one employer the entire time.

                Assuming you did not, when you changed job did you roll over the previous 401k into a Ira or spend it? Even if you ignored the paperwork, the money should still be out there somewhere.