Deplorables are officially ruining your 401(k)

RoryN

You're screwed.
Joined
Apr 8, 2003
Posts
60,346
(BTW, if any PB Deplorables chime in with being well off and not concerned, call their bluff, as they're posting about needing to eat ramen to afford their pew pews in the guns thread.) 😉

Average 401(k) balances drop 3% due to market volatility, Fidelity says

A few months of market swings have taken a toll on retirement savers.

The average 401(k) balance fell 3% in the first quarter of 2025 to $127,100, according to a new report by Fidelity Investments, the nation’s largest provider of 401(k) plans.

https://www.cnbc.com/2025/06/04/ave...l-due-to-market-volatility-fidelity-says.html
 
(BTW, if any PB Deplorables chime in with being well off and not concerned, call their bluff, as they're posting about needing to eat ramen to afford their pew pews in the guns thread.) 😉
LOL.

Where can I get that crystal ball?
 
I got a letter from my money guy but didn't open it. I'm in it for the long game. Of course, in a mere 3 1/2 years, the Democrats can take over and double my money. Like Biden did. Or didn't. I don't remember. :)
 
I got a letter from my money guy but didn't open it. I'm in it for the long game. Of course, in a mere 3 1/2 years, the Democrats can take over and double my money. Like Biden did. Or didn't. I don't remember. :)

The S&P 500 increased 55% during the Biden administration, which is a wee bit more than the negative annualized gain since Donnie took office.
 
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Cool. Post a link to your crystal ball.

As most people know, crystal balls are for fortune telling. My comment had nothing to do with predicting the future.

But here's a prediction: you'll provide zero receipts for your supposed common sense. 🙂
 
As most people know, crystal balls are for fortune telling. My comment had nothing to do with predicting the future.

But here's a prediction: you'll provide zero receipts for your supposed common sense. 🙂
But your 401k is ok, right Rory? :)
 
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