400,000$ is way way way off.
Note that if banks fail, that means they aren't marking down their debts. Someone _has_ to mark down bad debts, or the currency system collapses. As a last resort, it is the US government -- or we all take the hit via inflation.
The theory is it is cheaper to bail out the banks than it would be to deal with all of those bad debts.
Of course, the problem _in the first place_ was the banks getting tied up into a situation of being upside down on equity.
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First, there has never been a rolling 10 year period where the market lost money.
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At 100$ per month, at 3% increase in contributions per year, what would be the value of a rolling contribution to the markets
right now. Say, indexed on the Dow, with a mere 0.5% friction cost.
You can also do NASDAQ if you like.
And to clarify, do you mean nominal value, or real (factoring in CPA) value? Because if you mean nominal value, over much of the last 50 years you could be losing 5% value per year and still have more nominal dollars at the end...