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View Diary: New IRS report confirms upcoming retirement crisis (95 comments)

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  •  That's very weird. (0+ / 0-)

    It seems like a statistical anomaly if "every body" (which I assume is at least several people) had virtually flat balances over the past few years unless they all were in, effectively, cash (MM, CDs, short term bond funds, et al).

    If they all picked virtually the same investments by coincidence and they happened to pick ones that didn't do well in the recovery it would not be as surprising, but I'm assuming that they made independent decisions which would make this explanation a statistical anomaly.

    But, it would be difficult to pick investments that were "flat" for the past few years if one included even a modicum of domestic stock with diversification.

    Sounds like a "black swan" event that all these people managed to outguess the market and figured out how to maintain an investment mix that didn't go up or down appreciably in the past few years.

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