Need Real Finance Advice?

[indy440]

@Cossey

Say a person has $1M. Say the deflation rate is 3.5% per year. For each day that that person does nothing at all, they lose almost $96. Yea, the bank account will still say $1M, but the worth of the $1M goes down.

Thats depressing… I’d feel better about it if I had a million dollars in the bank though… haha

without looking at a statement I’d say I have 15% of my savings in a 401K. The other 85% is liquid in a normal savings account…