re: #321 JohnnyReb

The wife and I are in the same boat. 50+ and lost over 50% of our 401k’s. We are pretty much done and realize we will be working until we die.

I’d be thrilled if *only* 50% of my net worth had disappeared in the last 12 months. Unfortunately for me, its far more than that.

Worse, with Obama @#$ing up the economy further, increasing taxes, etc, I am not optimistic that I will be able to make it back anytime in the next 10 years.