[SamoyedFurFluff]

The only problem is that the stock market is tied to a bunch of retirement/pension and other accounts. Yes stock market should burn to the ground but also I think pensioners and retirees shouldn’t be put out, just the finance bros and private equity folks which money is just a plaything.

[philipwhiuk]

Pensioners and retirees willingly dumping money into index funds without oversight are the dumb money that enables all of this.

So yes, they deserve a haircut.

[parrellel]

Or perhaps we shouldn't have killed off the concept of pensions in the United States so we weren't all beholden to godforsaken 401Ks?

[travisgriggs]

This is pretty myopic, or something. Shows, at least, a real ignorance about the available possibilities (or lack thereof)—at scale—to the common worker for “saving for a later day”.

But I’m all ears. Now that you’ve diagnosed how 401K investing fools get what they deserve, care to offer any alternative solutions as to the entire work force should have been saving towards retirement.

[SamoyedFurFluff]

Pensioners don’t have a choice where their stuff goes. A teacher or something simply doesn’t deserve that kind of hardship.

[kjellsbells]

Deserve is a strong word.

We're talking about regular folks who want to do nothing else but secure their future in the face of a market that regularly tries to screw it up.

Can you explain why you suggest "deserve"?