Retirement accounts have lost $2 trillion so far

1 post / 0 new
krogoth's picture
krogoth
Status: Platinum Member (Offline)
Joined: Aug 18 2008
Posts: 576
Retirement accounts have lost $2 trillion so far

 Tuesday October 7, 7:27 pm ET

WASHINGTON (AP) -- Americans' retirement plans have lost as much as $2 trillion in the past 15 months -- about 20 percent of their value -- Congress' top budget analyst estimated Tuesday as lawmakers began investigating how turmoil in the financial industry is whittling away workers' nest eggs.

From Krogoth- OMG, if the boomers have lost 2 Trillion, and that's 20%, then that means 8 Trillion is still out in these accounts and retirement plans! The baby boomers can save us! Oh wait, then what will the baby boomers do? Sorry, forget it.  

 

Login or Register to post comments