Help Me Retire: We’re in our 60s and have lost $250,000 in our 401(k) plans — can we still retire?  

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Dear MarketWatch,

I am a 61-year-old female who has worked for the same financial institution since the age of 16. I will have 50 years at the company if I retire at 66. I’ve lost over $150,000 in my 401(k) this past year, with a current balance of $749,000. I also have an annuity that will pay approximately $800/month. I was hoping to retire at 65 or earlier if possible.  

I’m…

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