Impressive article and comments. So what will happen to the American workers' who have their 401(k)s and traditional & Roth IRAs invested in mutual funds whose NAVs continue to erode? Unfortunately, too many of them lack the investment knowledge to properly monitor their investments other than to watch their monthly or quarterly statements report the bad news. Thus, they remain the lamb-like victims of their employers' and 401(k)/IRA managers' poor investment choices. By the time the workers reach the point of realizing they have lost the better part of their savings there will be little they can do to salvage their savings or their retirement. This is a sad, but all too probable, scenario that faces the masses.
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