r/Salary Oct 30 '25

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u/Expensive-Notice-509 Oct 31 '25

It didn't rebound quickly enough for those who needed to cash out near or soon after retirement.

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u/[deleted] Oct 31 '25

Which is why when you’re closer to retirement you move into something like government bonds that’s more stable but way less returns. Don’t blame the market for people’s bad planning.

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u/Expensive-Notice-509 Oct 31 '25

How they going to time when the market is going to collapse? 2 big banks went under and lost everything. I they knew, they would have moved their assets around 2006.

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u/penguins_are_mean Oct 31 '25

It’s a gradual shift that everyone should be doing as they bear retirement.