‘Where Should I Turn?’ My 401(k) Has Lost 23% in the Past Few Years and Now I Only Have $200K. What Did I Do Wrong?

An employee whose 401(k) has dropped to $200,000 in recent years is wondering where to turn for help and whether these losses are normal. This is considered a poor return given no major asset classes have gone down in value over this period, and it may be time to consider hiring a CFP® professional through CFP Board's Lets Make A Plan website who is committed to acting in clients' best interests.

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