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nolesrule t1_iy4c5vf wrote

Reply to comment by Lobster_osity in Started saving for retirement this year-- my "historical returns" YTD say -8.97%, why am I putting this money here instead of a high yield savings account? by Lobster_osity

> What if when I retire the market is shit?

You might still have a lot more in your account than what you contributed over the next 20-30 years.

If the market doubles every 10 years for 30 years and then you lose 50% a year later, you're still ahead 4x. That's better than a savings account in the long run.

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