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Your ‘Set It and Forget It’ 401(k) Made You Rich. No More. — WSJ (apple.news)

submitted 1 year ago by [email protected] to c/[email protected]

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For four decades, patient savers able to grit their teeth through bubbles, crashes and geopolitical upheaval won the money game. But the formula of building a nest egg by rebalancing a standard mix of stocks and bonds isn’t going to work nearly as well as it has.

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[–] [email protected] 1 points 1 year ago

it feels like treading water and then rather suddenly having a credible chance.

That's a good reminder. Just haven't had one of those years yet. Thanks for the perspective.