your 401K

Is anyone else watching their 401K just run away from them????


 I get so angry every day I find myself watching my 401K just disappear.


Then watch on the news about how they want to help out  BIG BUSINESS

I understand that they are all publicly traded companies that's why the bail outs so that small investors do not lose their life savings, but give me a break what about those of us *****ly on our 401 K to see us through retirement.

This is how bad it is: I have lost a year off my retirement. I have to work at least another year to replace the money I have lost. I am torn between heartbreak and anger.


Somebody anybody please enlighten me

At the risk of being moved to a R&R Board, let me try to keep this short

If "Big Business" doesnt get bailed out, what happens? Companies do their own trimming in the form of layoffs, overseas outsourcing, etc.. Then your 401k stops getting anything in it and still loses value.

Frustrating, yes, easy solution, no

We are in the same boat with everyone else. I am 67 and hubby is 70 in 3 weeks. We worked and scimped all our lives so we could retire and not have to worry about money. We never took vacations, went out to eat, never went to movies. All we ever did was go fishing close to home. Now like you we watch it go down the tube. I don't have any answers for you I just wanted to say I know how you are feeling we have taken such a beating in the stock market this year and we can't get out all we can do is hang on and hope it comes back up.
 Take care Birdy