Oh, come on, try harder...2021 multi year low in wage growth, 2022 S&P down about 20%, NAS down 33%, Dow down 8.5%, leads to direct 401-k impact.
The market indices will go up and down. They all shot up and fell back. They never fell below the points where Biden first took office, did they? Or do you invest in a 401k for 6 or 7 months?
2021 multi year low in wage growth... Does slow growth equal "wages down". Gosh. I wonder what was happening at the time?
Just wait until the fed starts to cut interest rates next year. 401Ks will be going through the roof. Elect trump, elect another pandemic. Elect Biden, retire early. lol