These Retirement Savers Are Making a Big Mistake

Investing for retirement is crucial to building a nest egg that can provide financial security in your later years. In fact, recent research from Fidelity found around a quarter of all employees who are invested in workplace retirement accounts are taking on more risk than they should. Fidelity's data showed that in 2021, close to one in four employees had more stock than was recommended. Allocating too much money to equities is dangerous because stocks present a higher risk of loss.