If you have a 401(k) or other retirement plan, 2022 probably hasn't been the best year for your returns. But you're not alone. In this short video, Certified Financial Planner® Matt Frankel discusses how poorly the average 401(k) has performed over the past year, and some of the smart moves to make now.
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Here's How Much the Average 401(k) Has Declined in 2022
If your 401(k) statement looks ugly, you aren't alone.
About the Author
Matt Frankel, CFP, is a contributing Motley Fool stock market analyst and personal finance expert covering financial services, real estate, and personal finance. Prior to The Motley Fool, Matt taught high school and college mathematics. He holds a bachelor’s degree in physics from the University of South Carolina, a master’s degree in mathematics from Nova Southeastern University, and a graduate certificate in financial planning from Florida State University. He won a SABEW award for coverage of the 2017 Tax Cuts and Jobs Act. He is also regularly interviewed by Cheddar, The National Desk, and other TV networks and publications for his financial, stock market, and investing expertise.
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Matthew Frankel is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.
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