401(k): How does the stock market drop affect my retirement savings?
Everybody’s heard of sticker shock. But what about account balance trauma? That’s a form of distress 401(k) savers with all their money invested in stocks will likely experience when they peek at their fourth-quarter account statements. If you've been watching the stock market slump in the final quarter of 2018, you know it’s been a dreary stretch. And that means you can’t dodge the financial pain – and the losses. By one estimate, the average 401(k) owner with 100 percent invested in U.S. stocks is currently sitting on a paper loss of ...
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