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Reply to "Can't bring myself to check my 401K"
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[quote=Anonymous][quote=Anonymous]I looked a week ago and it was down. Since the huge downturn days of the last week, I can't bring myself to check. I'm 55 and will need my retirement 7-10 years from now. Is it reasonable to stay the course and hope that I make losses back in the next decade or is that foolhardy? I just don't want to think about it. [/quote] The losses as of Friday haven’t eaten into last year’s gains. So you’re not in terrible shape yet. Given your age, you probably don’t have the most aggressive allocation, so your losses shouldn’t have been what the s&p 500 experienced.[/quote]
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