In Jean Chatzky's HerMoney podcast, she and Jeanne Thompson, Senior Vice President, Fidelity Workplace Consulting, dive right into what today’s unprecedented situation means for our money.
Fidelity's Jeanne Thompson on how your portfolio can weather the coronavirus storm
What to consider in times of uncertainty.
Fidelity Investments Market Volatility Research represents insights from an online omnibus survey of consumers who have retirement accounts through their employer. The research was completed in March 2020 by IPSOS, an independent third-party research firm.
Based on Fidelity analysis of 23,000 corporate DC plans (including advisor-sold DC) and 17.1 million participants as of 12/31/2019. Investors who got out of stocks refers to 401(k) participants who went to a 0% equity allocation between Q1’08 –Q1’09 and Q1’20; those who stayed invested refers to 401(k) participants who maintained some equity exposure between Q1'08-Q1’09 and Q1’20. In both populations, the majority continued to make new contributions. Withdrawals are not accounted for.
Based on Fidelity analysis of participant account activity between 12/31/19 and 3/15/20. Includes data from 21,000 corporate DC plans totaling 11.9M active participants out of 16.9M total participants.