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You think all the people with 401(k)s voted for Trump? I’m curious as to what leads you to that conclusion?
The elderly vote mostly conservative. This is a known fact.
From what I’ve read, 65+ was about evenly split Harris-Trump in 2024. 40-64 broke decidedly Trump. If the markets (and 401ks) manage to bounce back by the time the 40-64 cohort largely enters retirement, I fully expect they will have learned absolutely nothing.
I’m not convinced we will have the market in 20 years.
