http://thepennysaved.com/2008/02/07/the-world-is-not-ending-its-a-retirement-sale-baby/ Personal Finance, career, investing, retirement, saving and debt blog Wed, 08 Feb 2012 14:48:13 +0000 hourly 1 http://wordpress.org/?v=3.2.1 http://thepennysaved.com/2008/02/07/the-world-is-not-ending-its-a-retirement-sale-baby/#comment-510 The Penny Saved Personal Finance Site » Blog Archive » 401k Recession Fears? Recession proof your 401k - another take Sat, 08 Mar 2008 17:45:09 +0000 http://thepennysaved.com/2008/02/07/the-world-is-not-ending-its-a-retirement-sale-baby/#comment-510 [...] At this age you should not be worried about how the recession will affect your 401k, but about how you can dump as much money as possible into it.  Now is not the time to think about the short term economic problems because eventually the economy will come out of it - long before you are even thinking about retiring. What we are looking for in this age range is capital growth.  In fact, if there IS a recession you will most likely benefit from it in the long run because in effect it will be a big giant retirement sale. [...] [...] At this age you should not be worried about how the recession will affect your 401k, but about how you can dump as much money as possible into it.  Now is not the time to think about the short term economic problems because eventually the economy will come out of it – long before you are even thinking about retiring. What we are looking for in this age range is capital growth.  In fact, if there IS a recession you will most likely benefit from it in the long run because in effect it will be a big giant retirement sale. [...]

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