I won’t do the math for you kieth.
It’s called “Sequence of returns risk”.
Feb, Mar, Apr, May, and June, represent months where (depending on which date you choose for your personal retirement acct withdrawal) a person’s withdrawals have considerably heavier effect, AND, by late April there would be considerably less to recover with. So their account would still be far lower than it would have been without the tariff issue.
I’ve listened to it for the last four months at the gun club where I actually shoot old guns at clay targets. Most of the guys whine, [censored - come on man!], and quit spending, praying for some relief from it all, hoping prices don’t careen out of control.
Since it was a self induced correction, and alternatives to the way it was introduced exist, with possibly less effect, I view it as an unforced error of trillions of dollars.
But I got a new Audi Q7 out of it, so I’ve been compensated for it.
Their accounts started going far lower 4 1/2 years ago. Inflation, under the last administration, ran far, far higher than they would admit to.
Inflation robs you at both ends.
Were the gun club guys bltching then?
A side note, in spite of every single financial guesser over the years trying to sell me a Roth IRA, I refused them, out of hand. With a government that spent more than it should for decades at a time, I figured why the hell would I give them taxes on retirement funds that were worth a bunch more, now, than what the money would be worth to me when they inevitably had to inflate the accumulated government debt away? If the money is worthless in the future, that is exactly what I want to pay them with.
YMMV, but, I doubt it.
Even the whores at Wiki can’t get around the fact that the “crash” lasted but 8 days.
https://en.wikipedia.org/wiki/2025_stock_market_crashBest,
Ted
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‘Gonna cost a million to put tires on Lonny’s Cub pretty soon. Might make it worth $100-$200 if he does that.
