Personal Finance

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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 Valdair@kbin.social to c/personalfinance@lemmy.ml

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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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[–] hahattpro@lemmy.world 3 points 1 year ago

Uh fck paywall