According to a recent Fidelity report, the average IRA has lost about one-fourth of its value over the past year. In this short video, Certified Financial Planner® Matt Frankel discusses the numbers, and more importantly, some of the smartest moves IRA investors can make right now.
Here's How the Average American's IRA Has Performed in the Bear Market
By Matt Frankel – Nov 20, 2022 at 6:28AM
It's been an ugly year for retirement investors, but there could be opportunities as well.
About the Author
Matt Frankel, CFP, is a contributing Motley Fool stock market analyst and personal finance expert covering financial stocks, REITs, SPACs, 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.