[ChicagoConservative27]

Mine has take a hit

[Rio]

When you smell a bear, get out of stocks.

[blackdog]

Thanks Joey.

[central_va]

That is face value. Factor in inflation and it is more like 60K.

[MoochPooch]

Mine also took a hit. Last year, especially. In fact, I lost $30,000.

[Wpin]

And the dollars in 2022 were worth about 8% less than the dollars in 2021...that should be computed in the estimate.

[NWFree]

Is that all?!

Thank God for dividends

[mikelets456]

I’m curious how it’s calculated. If I go from (say) $500,000 in 2021 to $550,000 in 2023, that’s a 10% gain. But if inflation through that period has gone up 22%, then technically I lost money....no?

[dynoman]

Today my IRAs are at -.09% since I retired on march 11 2021.

[Worldtraveler once upon a time]

To place money in a "managed" fund is to sign up to pay a manager and his expenses. Decades of preparation with tax law being used set this up, wherein a small elite coterie has obtained "control" over funds.

When did the individual becomes so incapable of managing his own funds? We do. No "managed" funds whatsoever. No HOAs and similar things. No Coops. Minimum control, i.e. county taxes and such, but NO control over our funds or REAL real estate by a "manager."

[Opinionated Blowhard]

I wish my balance was down 30K. LOL.

[KarlInOhio]

Did they track each account or the average of all accounts? Was any of this caused by job shuffling and people cashing in or transferring their 401ks to IRAs?

[plain talk]

No one know what the future brings particularly given government mismanagement but I think one still has a shot if they invest long term. Of course that assumes one invests a decent amount into savings each month and leaves it alone. That is usually the hardest part - saving the money in the first place.

The historical average yearly return of the S&P 500 is 10.05% over the last 20 years, as of the end of April 2023. This assumes dividends are reinvested.

S&P 500 annual returns

2023 13.88%
2022 -19.44%
2021 26.89%
2020 16.26%
2019 28.88%
2018 -6.24%
2017 19.42%
2016 9.54%
2015 11.39%
2014 11.39%
2013 29.60%
2012 13.41%
2011 0.00%
2010 12.78%
2009 23.45%
2008 -38.49%
2007 3.53%
2006 13.62%
2005 3.00%
2004 8.99%
2003 26.38%
2002 -23.37%
2001 -13.04%
2000 -10.14%
1999 19.53%
1998 26.67%
1997 31.01%
1996 20.26%
1995 34.11%
1994 -1.54%

[vetvetdoug]

I wish my savings were only down $30K.

[Vermont Lt]

I moved mine to “cash heavy” at the start of Covid. I’ve been rebalancing but as I approach “retirement age” it’s going to be fairly conservative. It doesn’t have to grow 15% a year.

[If You Want It Fixed - Fix It]

Vanguard is leading proponent of DEI crap. Dump them for an FDIC insured IRA CD.

[minnesota_bound]

My AMD stock went down by 2/3rds at one time from about $155 in mid nov 2021 to about $54+ by early Oct 21 and now back up to $124+. It recently went to $132.83
The stock market went down due to congress spending $6.2 trillion and wrecking the economy.

[Donnafrflorida]

I delayed my retirement to 2024 because of this

[frank ballenger]

Today the news excitedly said the Dow was up.

And supposedly Biden would win re-election (yes, it was about a poll——sorry I mentioned the word. Cheating assumed.)

[Justa]

Vanguard = ESG, DEI.

A smoke screen for fraud.

401Ks diluted with poop.

Skimming accounts and pocketing funds.