Stock market's fall has wiped out $3 trillion in retirement savings this year - CBS News
6/16/2022 12:00:00 AM2 years 10 months ago
by Irina Ivanova
by Irina Ivanova
With Americans' nest eggs mostly held in 401(k)s and IRAs, the swoon could force many to delay their retirement.
The U.S. stock market rout that has put U.S. equities in a bear market isn't just reducing the net worth of billionaires like Elon Musk and Jeff Bezos. It's also taking a toll on Americans' retiremen… [+4140 chars]
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