Year top date the djia is down 7%. Inflation is at 8%. For you retired folks, you are looking at a loss of 15% of your buying power this year from your 401k("if" the market stabilizes). Now, additional taxes to help pay for gov programs & to support the folks walking across the border will slow economic growth further. In another 2 years you will have lost 1/2 your purchasing power. If you can, go back to work now or chance being really poor when you are old. BTW, don't vote dem next time. We all were warned.