General Discussion
In reply to the discussion: Retirement delayed and broke anyway [View all]ShazzieB
(22,240 posts)I clearly said that half of it disappeared, not all of it.
And no, we didn't fully recoup our losses. We were in our late 50s at the time, so we didn't have time to do that. Especially since I lost my job at the same time and was never able to land another job that came with a 401K, due to the high unemployment rate at the time.
I worked off and on at whatever temporary gigs i could get for the next however many years until I was old enough to collect social security. I was so demoralized by that time that I jumped at the chance to have actual steady money coming in that I could count on without having to beg and grovel for crumby gigs that never lasted more than a few weeks to a couple of months.
Thanks for totally discounting my experience and that of many, many other people during a terrible economic crisis in this country.