Business

$2 Trillion Lost from Retirement Accounts

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A few weeks ago I decided that I’m just going to throw away my next IRA statement without opening it. This is looking like a better and better idea.

Apparently, American retirement plans have lost $2 trillion over the last 15 months. That’s 20 percent of their value. And that doesn’t include what people have lost in just their regular stock portfolios.

This is going to leave a lot of people feeling poorer.

How do you feel?