Summary
Americans nearing or entering retirement are alarmed as Trump’s sweeping tariffs trigger stock market turmoil, shrinking 401(k) savings. The Dow dropped over 2,200 points Friday, with the S&P 500 and Nasdaq also falling sharply.
Retirees report losses up to $58,000 and are delaying major purchases. Critics warn the tariffs could spark a global trade war and worsen economic insecurity.
Many retirees fear declining consumer confidence, unstable finances, and a diminished quality of life as their savings evaporate.
But has anyone thought about these people’s property?!
Young people got nothing but they are supposed to be worried about old clowns 401ks 🤡
The idea is the People unite against the Oligarchs, unless you enjoy bickering about crumbs, which you appear eager to do.
You are commenting under a fake news article pearl clutching about boomers 401k
But I agree with you