Philip Chao featured in CNBC article “Retirement savers seek safe havens within their 401(k) plans. They may regret it later.”

Key Points

• Eighteen of 21 trading days in October saw 401(k) investors favor fixed income (like stable value, money market and bond funds) versus stock funds, according to Allight Solutions.
• Investors appear to have been spooked by stock volatility.
• Selling out of stocks will likely cost them in the long run.

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