tag:blogger.com,1999:blog-6727079944128243283.post3619224017913504705..comments2018-08-14T12:40:43.852-04:00Comments on The Educator's Retirement: Is My Retirement Safe? Is My 403(b) Safe?Robert (Robby) E. Schultz III, CFP®, ChFC®, CPWA®http://www.blogger.com/profile/03231465764747676907noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-6727079944128243283.post-15956449060719672752008-10-07T00:43:00.000-04:002008-10-07T00:43:00.000-04:00I think you are equating the performance of your m...I think you are equating the performance of your mutual funds with being AIG/VALIC's fault.<BR/><BR/>AIG/VALIC (who I personally do not like) is just the holder of the assets (also called custodian). They are not responsible for losing any money for you. The fund managers of the mutual funds you (or someone you designated) chose are the culprit. Considering the market was crushed in September, your loss could easily be within reason... even though it is hard to swallow.<BR/><BR/>The market generally does not have huge moves in a one month period, but it can happen both to the upside and downside.<BR/><BR/>Good luck.Robert (Robby) E. Schultz III, CFP®, ChFC®, CPWA®https://www.blogger.com/profile/03231465764747676907noreply@blogger.comtag:blogger.com,1999:blog-6727079944128243283.post-85952546048452128202008-10-03T21:19:00.000-04:002008-10-03T21:19:00.000-04:00I would love to have confidence in AIG/VALIC excep...I would love to have confidence in AIG/VALIC except my account has lost about $4000 in the past month. I am currently looking into other retirment options. Losing my money should be my choice and not that of some company that does not seem to give a damn about me.Anonymousnoreply@blogger.com