With the economy the way it is and stock are always falling, many people are afraid that their 401k retirement plan will slump just like the economy is.

People who have lots of stocks in their 401k retirement plans are worried especially if they are near retirement age.

They could wake up one morning and all of their money will be gone. It is easy to lose money in the stock market and in a 401k retirement account, it is hard to get out of stocks especially if they are your company’s stocks. Some people could move money out of stocks into cash or bonds and they did.