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401K averages experience a 23% decrease within a year.

David Lazarus reports for the KTLA 5 News at 1 on Nov. 17, 2022. » Subscribe to KTLA: KTLA has been keeping Southern Californians informed since 1947. Here you will find clips from the KTLA 5 Morning News and other daily newscasts. Subscribe to our channel for breaking news and live video from Southern California, including police pursuits, wildfires and much more. | Connect with KTLA online | Our website: www.ktla.com Follow KTLA on Twitter: www.twitter.com/ktla Find KTLA on Facebook: www.facebook.com/ktla5 Follow KTLA on Instagram: www.instagram.com/ktla5news... ( read more ) LEARN MORE ABOUT: 401k Plans REVEALED: Best Investment During Inflation HOW TO INVEST IN GOLD: Gold IRA Investing HOW TO INVEST IN SILVER: Silver IRA Investing The year 2020 was a tough one for everyone, and that included retirement savers in the United States. According to a recent study, the average 401k account balance fell by 23% in just one year. This was largely due t