401(k) Investors Dump Equities After Market Sell-Off

The American College of Financial Services
February 26, 2020

As the stock market’s recent downturn continues, investment experts say we’re witnessing the highest levels of sell-offs and stock trading in nearly two years, particularly in 401(k) and other retirement accounts. But is it the right time to cut potential losses?

Wade Pfau, co-director of the Retirement Income Center, says while there are some cases where retirees might want to reduce risk and sell during a stock market slump, many who are still years away from retirement should consider riding the changes out.

Read more of Pfau’s insights on the current state of the market and advice for those planning for or in retirement in CNBC.

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