Don't Panic

" If you're like most about you probably avoid looking at your 401K statement. Although as minus signs not exactly a boost your confidence in with very good reason. Take a look at this last year if you -- about 69000. Dollars invested that average dropped. To about 50000. In spite of the fact that workers say they saved more. Overall 401K plans dropped more than 27%. Last year. This is according to Fidelity Investments joining us now is Jonas max Ferris who is cofounder -- bonds. Dot com good to see you sir thank you very much for being here I try not to look at my 401K balance. Because of the drop from last year I imagine it's even worse the first two months or so this year."

" Yeah in fact those numbers you just showed it's worse now because people put in about 5000 on have."