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The Good News About Retirement Savings in Light of the Stock Market Downtown
Employee Benefits Report
Aug. 3, 2020 "Even with the downturn in the stock market, historically when the market has experienced difficulties it's later rallied back. The S&P fell by 31 percent from the end of 1999 to the low point in October 2002. In comparison, 401(k) plan balances dipped by 8 percent before recovering completely and even making some gains. In contrast, the S&P 500 gained 31.5 percent in 2019. That means that anyone who significantly invested in stocks since the beginning of 2019 is probably ahead on their investments." |
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