Keep Investing in your Retirement Account or Not
A question friends always ask me is should they keep investing in their 401K programs or not. Most people have had a rough year or more in the stock market or their 401k plans. But a lot of 401K plans are like mine were the company will match 50% up to 6% of your match. I liked the below information I read today:
Senior Citizens are putting off retirement and going back to work
Are you a looking at retiring soon? Do you know people that are reaching retirement age or have relatives that are? You may be noticing that they are not retiring when they had planned. I have seen the number of retirements announcements drop to almost zero where I work at. I have heard many people say that on paper they have lost from 30% to 50% of their retirement money. I know some have gone back to working a part-time job due to their savings losing money. I have seen many Senior Citizens applying for jobs. Here is a good article I read this morning:
