Anyone with a 401k should care literally 0% about this, but most people grossly mismanage their investments and gamble rather than invest in the traditional sense.
If one is in a position to realize losses from this, they 1) have somehow missed the boat on the 5000% market gains in the last few years, and 2) are all-in on stocks immediately before retirement which is just lol
There is an edge case of people who will be forced to liquidate early due to medical issues, house burned down, etc. which will definitely suck.
The average person will probably take a loss.
Anyone with a 401k should care literally 0% about this, but most people grossly mismanage their investments and gamble rather than invest in the traditional sense.
If one is in a position to realize losses from this, they 1) have somehow missed the boat on the 5000% market gains in the last few years, and 2) are all-in on stocks immediately before retirement which is just lol
There is an edge case of people who will be forced to liquidate early due to medical issues, house burned down, etc. which will definitely suck.