illustration of business man walking on tightrope that is actually a jagged stock chart arrow (Photo: Shutterstock)

As the COVID-19 pandemic swept across the US inmid-March, the stock market, as measured by the Dow Jones Wilshire5000, declined by 35% between its February peak and March trough.While the market has largely recovered, it remains volatile andexposes household savings to continued market risk, highlightingthe fragility of the nation's retirement plans.

A recent report from the Center for Retirement Researchdetails where the declines occurred and the extent towhich retirement accounts are exposed to equity market risk.

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