Will this affect retirement Roth IRAs and state pensions?
I’ve got the same question:
What effect will this have on
defense company pensions,
social security,
IRA’s,
401k’s that are 90% bonds,
credit unions,
small banks with 50 or less branches
?
It could if it tanks the broader markets because of liquidity - we just don’t know how this is going to play out. IT’s a real blue moon event. I l always eave my retirement accounts alone 100% - just leave things in and eventually it will come back. Course I’m not supposed to retire for another 15 years (actually never according to my wife. lol)
However, on my stock account I’ve gone more then 50% cash and eliminated all margin at the beginning of the month. Only thing I’m still holding is some mainstream high dividend stocks like XOM, T, and some REITs which dropped last year and haven’t recovered yet.