Comments on: Recession Perception http://www.beatingbroke.com/recession-perception/ Personal Finance from the Broke Perspective Thu, 09 Feb 2012 05:28:27 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Jakehttp://www.beatingbroke.com/recession-perception/#comment-100 Jake Mon, 08 Dec 2008 15:00:04 +0000 http://www.beatingbroke.com/?p=85#comment-100 The other part you miss here is retirement. A recession is actually a good thing (to a point of course, if your company tanks, you loose your job, etc - then it is bad) as 401k values are totally tanking and probably close to bottom.However, if younger folks (25-35ish I would say) keep investing in those 401ks at the same rate or better... in theory that will pay off in spades later as the bang per buck is much much more than it was 1-2 years ago. Of course that is all on the assumption that you have a nice enough mix or managed funds that will recover. The other part you miss here is retirement. A recession is actually a good thing (to a point of course, if your company tanks, you loose your job, etc – then it is bad) as 401k values are totally tanking and probably close to bottom.

However, if younger folks (25-35ish I would say) keep investing in those 401ks at the same rate or better… in theory that will pay off in spades later as the bang per buck is much much more than it was 1-2 years ago. Of course that is all on the assumption that you have a nice enough mix or managed funds that will recover.

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