Should You Stop 401k Contributions in Bear Markets?

by | Dec 20, 2022 | 401k | 7 comments




Should you stop making 401k contributions during a bear market? Here is what the data says.

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Mike Bernard, CFP® offers advisory services through KFG Wealth Management, LLC dba Korhorn Financial Group. This information is for general financial education and is not intended to provide specific investment advice or recommendations. All investing and investment strategies involve risk including the potential loss of principal. Asset allocation & diversification do not ensure a profit or prevent a loss in a declining market. Past performance is not a guarantee of future results….(read more)


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7 Comments

  1. Terry Klender

    But all mutual funds don’t make money

  2. jaygrenham

    No!! Everything is at a discount right now!!

  3. Henry Zhou

    Too bad the 401k doesn't allow you to short stocks or sectors.

  4. Renee Mellott

    Thank you!!
    I struggle with this question every day… I know the answer but it’s still nice to hear it from a pro

  5. David

    During this down markets my financial vulnerability are heightened. As my job become more insecure, I want to correct these weaknesses to guard against selling assets during a job loss. I want to lower my savings rate to bring my emergency fund from 4 months to 6 months. I also have 2 cars over 200k. I am also prioritizing a new vehicle over investing. I need to have a vehicle to get to work.

    Again this is to ensure my current assets are safe from a potential job loss. I am still investing the minimum to get the full employer match.

  6. Bob Feller

    No, it's actually time to boost your contributions if you're not at max.

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