Tag: market crash

Stock market analyst in front of screen with a down market

Morningstar shows those with self-directed investments were more likely to change than those in TDFs or managed accounts. The rumor has been that 401(k) participants took little action when the stock market declined by more than 30 percent in February and March 2020.  A Morningstar study provides some numbers to back up the lore. T…

Aged,Man,Working,In,An,Industrial,Factory

In summer 2009, the CRR surveyed individuals ages 45-59 on how the market crash has affected their retirement planning. Key findings from our analysis are: In response to the crisis, over 40 percent expected to work longer/save more. Those who were highly distressed were more likely to act. After receiving “reliable” financial advice, the majority…