Advisors Caution Against Impulsive 401(k) Activity Amid Market Turmoil

By Ben Mattlin July 21, 2025 Financial Advisor

Retirement savers boosted their 401(k) contributions to a record average of 14.3% in the first quarter of 2025, nearing the 15% typically recommended by advisors, according to Fidelity Investments. Despite volatile markets and falling account balances, CFP Board Ambassador Robert Pagliarini, CFP® cautioned against shifting to conservative investments during downturns, calling it “typically the worst time to sell stocks and buy bonds.”