Reply to Why is the stock market crashing, the dumb fed hasn't said anything

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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Protecting boomers are you serious? My mom has been losing $$ in her 401k and IRA since March 2020. she also is about to start taking mandatory disbursements. Many boomers are also on the cusp of retirement, which frankly is exactly where I wouldn't want to be with my money in those types of accounts right now. millennial and gen z have years to rebound from any losses.[/quote]

Stock market is up quite a bit since March 2020.  Does your mom own a high percentage of Bond funds?  I think those are down.[/quote]

DP. I'm not sure what your point is. Markets are up since a long time ago, too. 2020 has no specific bearing on PP's point.

I think the PP was only making the point that the Fed and/or Biden are not protecting boomers or Gen X since retirement success is largely dependent on sequence of returns. It is not good to retire in a down market unless you have more than enough funds. Most people rarely achieve more than enough.[/quote]

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