How Much Have Your 401(k)s Lost In 2022?
If you’re concerned by dipping figures on your
401(k) financial statements, you’re not alone. Ongoing market swings have impacted retirement accounts, and the last 12 months indicate losses for many retirement savers. During the last year, 401(k) balances have dropped 22.9%, according to a Fidelity Investments analysis of 24,500 corporate retirement accounts. Ongoing
inflation can cause additional anxiety over saving for the future.
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