Comments on: Target Asset Allocation: Moderately Aggressive

By: Crewman Number Six

Crewman Number Six — Sat, 11 Oct 2008 19:20:00 +0000

I’m 32 and my 403b is allocated to 90% equities and my Roth IRA is 100% equities. I’m not having a problem with this big stock market correction at all. In fact, I just increased my contributions to my Roth IRA. The people that can stomach these downturns are the ones that will benefit the most from them.

By: Juice

Juice — Fri, 10 Oct 2008 18:36:00 +0000

It WILL come back and you have plenty of years until retirement. Stop stressing. In fact, if you think of it the market is on SALE. I’ve put an extra 2K into my retirement accounts in the last month – won’t I be happy 30 years from now?

By: Elizabeth

Elizabeth — Fri, 10 Oct 2008 04:29:00 +0000

I cannot bring myself to look, as I am pretty sure that almost half was wiped out. However, I figure that as long as I still have everything I’ve actually put in myself – or my employer has – regardless of any interest, then I’m still ok. That, I think, is still true. But it still hurts.

By: Anonymous

Anonymous — Fri, 10 Oct 2008 04:24:00 +0000

Thankfully I only had $500 in my 403b to begin with. It’s times like these that I can appreciate how my many years in college left me broke.

I know this probably doesn’t help much, but realistically the growth over the past number of years probably shouldn’t have happened at the level that it did. So a lot of what’s lost was a correction — although if it’s your ‘earned’ money that’s being corrected, it still feels horrible.