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Retirement Account Balances Decline as Consumers Face Budget Stress

1 min read
Source: MarketWatch
Retirement Account Balances Decline as Consumers Face Budget Stress
Photo: MarketWatch
TL;DR

Fidelity Investment's latest retirement data shows that retirement-account balances have declined, and the number of loans and withdrawals have increased, as investors face higher inflation and market volatility.

Topics:businessretirement#401k#inflation#market-volatility#retirement#retirement-savers#withdrawals
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  1. Is your 401(k) balance dropping? You’re not alone.  MarketWatch
  2. Average 401(k) account balance fell in the third quarter — but it’s still up double digits from a year ago  CNN
  3. Consumers Pull Cash From Retirement Accounts Amid Budget Stress  Bloomberg
  4. View Full Coverage on Google News

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