Shielding Your 401(k): Safeguard Against Tariffs, Inflation, and Market Instability

As tariffs impact the economy and the stock market experiences declines, many individuals seek guidance on 401(k) investments. Erin Shaw of J.P. Morgan Private Bank shares that clients feel apprehensive about market fluctuations. She advocates for a long-term investment strategy to mitigate impulsive actions and align financial goals. Shaw emphasizes reviewing investment allocations based on risk tolerance, recommending stability for those nearing retirement, while younger investors can embrace more risk. Furthermore, she highlights diversification and using available resources to navigate uncertainties effectively.