NFLnut;357562 Wrote: > worry if my investments for retirement have lost 25% of their value in 3 > months (and counting). This is a reason that as we age, we tend often to > grow more Conservative.This scenario is only going to get worse as baby > boomers retire and start accessing their 401Ks. This is not a problem created by Bush or Obama (no doubt he'll cop the blame though), it goes back to switching from defined benefit to defined contribution pensions. The next 10-15 years will likely be very ugly for many westernised nations that have left retirement funding almost entirely in the hands of funds managers.
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