I don't really watch the stock market but my husband has been complaining this week because I guess its gotten really bad. Is anyone here close to retirement? I'm in the middle of my career but after listening to what he says has been going on it made me grateful to have a pension plan instead of a 401k plan. I just hope Utah manages the money well enough for it to be there by the time I retire...

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It’s very bad. We’re heading towards at a recession at this rate. During our last big recession under Bush, then to Obama in 08 when the banks crashed- our district had a big lay-off in 2009/2010 school year. I know 5 teachers who lost their homes (walked away).
Seemed like we just held onto ours by the skin of our teeth. My husband lost the bulk of his accounts, not all but a good number and he too had to lay ppl off as well. He owns a business. That hit my husband really hard. He got a day job in a hospital. Wow! Those were rough times! I hope to God we avoid that but looks like w the accelerator down we’re driving/speeding right into it.

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Me too! 🙏🏼

I normally don’t watch the market daily either, but lately it’s been hard to ignore. Having a pension does feel like a blessing when 401ks are swinging like this. I’m mid-career too and crossing my fingers that Idaho keeps things steady, retirement security feels more fragile than ever.

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If your state is doing well, your retirement will be sound. I worry more about federal programs like Medicare and social security.

I'm hopeful that you have both.

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