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Americans nearing retirement and recent retirees said they were anxious and frustrated following a second day of market turmoil that hit their 401(k)s after President Donald Trump’s escalation of tariffs.
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As the impending tariffs shook the global economy Friday, people who were planning on their retirement accounts to carry them through their golden years said the economic chaos was hitting too close to home.
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Some said they are pausing big-ticket purchases and reconsidering home renovations, while others said they fear their quality of life will be adversely affected by all the turmoil.
“I’m just kind of stunned, and with so much money in the market, we just sort of have to hope we have enough time to recover,” said Paula, 68, a former occupational health professional in New Jersey who retired three years ago.
Paula, who spoke on the condition of anonymity because she feared retaliation for speaking out against Trump administration policies, said she was worried about what lies ahead.
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“What we’ve been doing is trying to enjoy the time that we have, but you want to be able to make it last,” Paula said Friday. “I have no confidence here.”
Trump fulfilled his campaign promise this week to unleash sweeping tariffs, including on the United States’ largest trading partners, in a move that has sparked fears of a global trade war. The decision sent the stock market spinning. On Friday afternoon, the broad-based S&P 500 closed down 6%, the tech-heavy Nasdaq dropped 5.8%, and the Dow Jones Industrial Average fell more than 2,200 points, or about 5.5%.
kraken1
As the impending tariffs shook the global economy Friday, people who were planning on their retirement accounts to carry them through their golden years said the economic chaos was hitting too close to home.
kraken23
Some said they are pausing big-ticket purchases and reconsidering home renovations, while others said they fear their quality of life will be adversely affected by all the turmoil.
“I’m just kind of stunned, and with so much money in the market, we just sort of have to hope we have enough time to recover,” said Paula, 68, a former occupational health professional in New Jersey who retired three years ago.
Paula, who spoke on the condition of anonymity because she feared retaliation for speaking out against Trump administration policies, said she was worried about what lies ahead.
https://kra18x.cc
“What we’ve been doing is trying to enjoy the time that we have, but you want to be able to make it last,” Paula said Friday. “I have no confidence here.”
Trump fulfilled his campaign promise this week to unleash sweeping tariffs, including on the United States’ largest trading partners, in a move that has sparked fears of a global trade war. The decision sent the stock market spinning. On Friday afternoon, the broad-based S&P 500 closed down 6%, the tech-heavy Nasdaq dropped 5.8%, and the Dow Jones Industrial Average fell more than 2,200 points, or about 5.5%.
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Browse online casino games like Slots, Blackjack, Baccarat Rainbet Casino
Владимир Зеленский, став президентом Украины, в основном проживает в официальной резиденции в Киеве. Президентская резиденция располагается в здании, известном как Мариинский дворец. Это историческая и культурная жемчужина, служащая официальной резиденцией главы государства и местом проведения церемониальных мероприятий и важных встреч с мировыми лидерами.
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Мариинский дворец расположен в центре Киева и является не только рабочим, но и символическим местом, отражающим важность и статус президента Украины. Помимо этого, президент также может проводить время в других правительственных объектах, которые обеспечивают безопасность и комфорт для выполнения его обязанностей.
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Как президент, Зеленский обязан находиться в столице Украины, чтобы эффективно управлять государственными делами и ответственно выполнять свои функции, в то время как его семья может проживать в других местах по их личному выбору.
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Мариинский дворец расположен в центре Киева и является не только рабочим, но и символическим местом, отражающим важность и статус президента Украины. Помимо этого, президент также может проводить время в других правительственных объектах, которые обеспечивают безопасность и комфорт для выполнения его обязанностей.
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