Workers Hesitate to Retire While 401K's Remain in Bear Territory

Workers Hesitate to Retire While 401K's Remain in Bear Territory

For the past few months, the stock market has been in a decline as investors sell off and as inflation reaches new highs. Groceries, fuel, homes, cars, and other living necessities are well above past prices in a short amount of time. Workers are feeling the high prices and stock market pullbacks as their 401k portfolios reflect the bear market and as their budgets are forced to increase with inflation.

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