Economic Report: In 15 Months $2 Trillion In U.S. Retirement Investments Is Gone - 10/09/08
Submitted by Doug Cunningham on October 8, 2008 - 2:58pm
 Printer-friendly version Send to friendEconomic Report:
How much have your retirement savings lost? Over the past 15 months, Americans have lost nearly $2 trillion in retirement savings according to a report in the Washington Post. 401(k)s have seen a decline of roughly 20 percent. And defined-benefit plans have lost 15 percent of assets during the past year. However, when defined benefit plans decline the onus is on the company to find ways to make up for the loss.
Bookmark/Search this post with:
|
