Retirees 'stunned' as market turmoil over tariffs shrinks their 401(k)s
Some are changing their spending habits while others are worried about their future quality of life.
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Got what they voted for, didn't like it? I'm shocked.
You think all the people with 401(k)s voted for Trump? I'm curious as to what leads you to that conclusion?
The elderly vote mostly conservative. This is a known fact.
From what I've read, 65+ was about evenly split Harris-Trump in 2024. 40-64 broke decidedly Trump. If the markets (and 401ks) manage to bounce back by the time the 40-64 cohort largely enters retirement, I fully expect they will have learned absolutely nothing.
I'm not convinced we will have the market in 20 years.
