Will your 401(k) ever bounce back? Maybe not...

[sweeps]

As the stock market continues to swoon, it's tempting to not even look at your retirement savings account balances. But for those who peek -- and then wonder how long it'll take to undo the damage -- new research by a think tank that studies employee benefits isn't very encouraging.

Will your 401(k) ever bounce back? Maybe not, if you're older or don't contribute much

[GREENBACK]

Where were all these expert predictions a few years ago when their knowledge might have been of use. These same people were probably encouraging everyone to invest like hell in the then "smoking hot" bull market.

I don't think these people have a clue about what's going to happen. If they did they wouldn't need to write these articles because they'd already be rich from the brillant advice they provided before the downturn.