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How to Peek at Your 401(k) Without Freaking Out

With the S&P 500 down 21% in the first half of 2022, 401(k) balances are taking a hit. Just because you can check those numbers online to assess the damage doesn’t mean you should.

Taking a quick glance when stocks are down can cause investors to take steps that undermine their long-term financial security, increasing the temptation to sell stocks at fire-sale prices.