: Is your 401(k) balance dropping? You’re not alone.

United States

It hasn’t been smooth sailing for retirement savers this year, as evidenced by Fidelity Investment’s latest retirement data. 

Investors are reeling from a mix of higher inflation and market volatility, the company said, and that has resulted in retirement-account balances declining from last quarter and the number of loans and withdrawals increasing. Fidelity uses data from its 45 million retirement accounts, including 401(k) and 403(b) plans and IRA accounts, in its quarterly reports.