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I have about 10 years until retirement. Given the economy, I wonder if my IRA's will exist when I retire; by that I mean, today I have x shares of an IRA mutual fund. Between now and retirement when I withdraw from the IRA, the price per share of the mutual fund will vary, and when I start to withdraw I will do so at the then per-share price.

However, what if the stocks that make up the mutual fund become worthless (bankruptcy, etc) along the way to retirement (faster than a fund manager could switch out of them for something else)?

I am not so conerned that the share price will be low when I retire, but that the number of shares in the IRA are reduced because the underlying companies went out of business. Is this a valid worry?

Thanks for feedback.
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