this post was submitted on 19 Jan 2025
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Ya you were scammed or we're not getting the full story. If it was a real 401k it's composed of diverse stocks and bonds and stuff and if it hit 0 the US wouldn't really exist. Unless you were self managing and put it all into a company that stopped existing or something.
Every job for 34+ years, put money in every paycheck. Become disabled. Look in 401k, there's not enough for even one months rent.
I call that bullshit. I don't care what everyone here thinks. You're all smart asses until you find out.
You might get two months rent after 65 years! Whoooo
You're math here isn't working out. Were you putting less than a dollar a paycheck? Did you have one employer the entire time.
Assuming you did not, when you changed job did you roll over the previous 401k into a Ira or spend it? Even if you ignored the paperwork, the money should still be out there somewhere.
Yeah dude. What job let's you put less than a dollar in? Id love to hear that. The money is not there. I suggest you look at yours.
Glad you're admitting it.