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U.S. News and World Report: 8 Rules for Managing Your 401(k) in a Recession

Dylan Telerski / 30 Aug 2019

US News & World Report

Worried about your retirement savings during a market downturn? You’re not alone!

Although history has shown time and again that the stock market increases over the long-term, it’s common to be concerned about your 401(k) when the market fluctuates wildly in the short-term.

Retirement experts, including Ubiquity Retirement + Savings founder and CEO Chad Parks, gave their insights in on ways to better manage your hard-earned 401k plan during a recession or period of market volatility:

  • Pay attention to asset allocation.
  •  Maintain the pace on contributions.
  • Don’t jump the gun on withdrawals.
  • Look at the big picture.
  • Gauge cash needs wisely.
  • Avoid taking a loan from your plan.
  • Actively look for bargains.
  • Keep risk capacity in sight

© 2019 Ubiquity Retirement + Savings
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San Francisco, CA 94104
Support: 855.401.4357

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© 2019 Ubiquity Retirement + Savings
Privacy Policy
44 Montgomery Street, Suite 3060
San Francisco, CA 94104
Support: 855.401.4357

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