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A comment on Dow Falls 2997 points worst drop since 1987 crash. Parent comment

Re:Dow Falls 2997 points worst drop since 1987 crash by hn_throwaway_99 on Monday March 16, 2020 @08:40PM (#22600126)
One counterpoint: the crest of baby boomers is going through retirement. This severe market downturn and recession will absolutely destroy many pensions in the US that were already woefully underfunded. This will be extremely brutal.
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Re:Dow Falls 2997 points worst drop since 1987 crash by indemnity on Monday March 16, 2020 @09:02PM (#22600311)
Time for them to toughen up and pull themselves up by their bootstraps.
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Re:Dow Falls 2997 points worst drop since 1987 crash by MR4D on Tuesday March 17, 2020 @01:08AM (#22601891)
At ~65 years old, there isn’t much in the way of bootstraps for them to pull up on.
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