How My Wife’s 401(k) Ended My Retirement

Source: American Consequences
by Marc Chaikin

“I retired in 1999, hoping to spend the rest of my days relaxing and playing tennis. I had worked almost nonstop for more than 30 years on Wall Street up to that point. … by 1999, I had spent my life’s work collecting and interpreting financial data. It had paid off. And I was ready for a life filled with tennis, books, and relaxation. … Then, 2008 came along: ‘Marc, I’m paying him to ride my account to zero.’ That’s what my wife Sandy said to me midway through 2008. And it changed everything for me.” (05/26/21)