Retirees 'stunned' as market turmoil over tariffs shrinks their 401(k)s
www.nbcnews.com
Some are changing their spending habits while others are worried about their future quality of life.
  • WoodScientist [she/her]@hexbear.netEnglish
    14·
    3 days ago

    Ultimately any retirement system suffers from these weaknesses. You can have a retirement system based entirely on universal generous state pensions; it won’t matter. When the economy takes a hit, the state is less capable of generating revenue.