I just looked at my 401K this morning and determined that it is good that I am not close to retirement. I feel bad for those that are and what about those that are living off of their 401k now... It has got to be tough!
Yeah, I talked to several people about their 401k. Feel like they took it on the chin and the groin. It's going to be worse than 2007-2008 crashed. Unemployment going to be the worse we ever seen. I hope it's going to be short lived. Hope for the best and expect the worse. It should not we this way had we did not pretended that this kind of thing could not happened to us. I could not believe the higher up tried to down played this situation. Some folks are going to take it very hard from all of this.