![Close up of spilling 401K savings jar](https://assets1.cbsnewsstatic.com/hub/i/r/2022/07/15/bc5bc6c5-803e-4517-926f-95c2923d1a9f/thumbnail/640x360/9a7ca300d5b0a3104862427bfc8223a4/gettyimages-580502931.jpg?v=8f1da8ceea4c14a7119ef5d6a2829966#)
Don't make these 401(k) mistakes as stocks slide
One in 7 investors is making a major error in managing their retirement plan, research shows.
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Aimee Picchi is associate managing editor for CBS MoneyWatch, where she covers business and personal finance. She previously worked at Bloomberg News and has been published by national news outlets including USA Today and Consumer Reports. Aimee frequently writes about retirement, and has been a National Press Foundation fellow for reporting on retirement and Columbia University's Age Boom Academy. She's also the editor of the Institutional Investor book "Cultivating the Affluent II," with noted wealth consultant Russ Alan Prince.
One in 7 investors is making a major error in managing their retirement plan, research shows.
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