Nicely done. My spouse 401k has taken a 9% hit so far.
We decided to keep the 20% in growth funds as to get out now,they become a total loss as keeping
is an opporunity for recovery(unless there is a marked recovery by end of year, this is the first year either fund has lost money)
I spent my 401k money on wine and women and what was left, i just blew it .
actually, i used it to pay off the car and CC debt. Over time ,we were able to pay off the house and other cars.
We are debt free and use the CC cards as a debit card to rack up airline miles or whatever, then pay ‘em off at the end of the month.
the only expenses are the “keep the lights on” stuff and insurance. My real estate taxes are abated because of my disability and retirment income is not taxed at the state level here.
I don’t see the bleeding being stopped under Pres. Biden.
If you don’t sell, you don’t lose
there is no actual bleeding, no loss if you didn’t sell the whole portfolio