Throughout the Great RECESSION of 2008, the average 401(k) balance LOST anywhere from 25 to 40 PERCENT of value. Nobody was more harmed than baby boomers or recent retirees, who, unlike younger workers, didn't have the time for the MARKET to rebound or were no longer contributing and therefore unable to invest when stocks were cheap.

Author - Mary Pilon


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Posted on 20 Sep 2024, this text provides information on Stocks related to Mary Pilon. Please note that while accuracy is prioritized, the data presented might not be entirely correct or up-to-date. This information is offered for general knowledge and informational purposes only, and should not be considered as a substitute for professional advice.

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