Stop obsessing over your 401(k)

Here's the good news if the volatile market has you worried about your retirement savings.

Transcript

00:00Deep breaths. The headlines are still going to be volatile.

00:04This time, we'll give many trading opportunities,

00:07but you have to be on top of your trades now.

00:10Take 20% swings in three days. These are not normal.

00:15But the long-term investor, Grin and Barrett, cost average in.

00:19My 24-year-old was complaining his 401k was down money.

00:22You're 24 years old. You've got time.

00:24Keep putting money into it, because my 50-year-old self,

00:26thanks, my 20-year-old self, for living through 2000 or 2009

00:29and continually putting money into the index,

00:33because over time, America will win. The indexes will win out.

00:36And this is a turbulent time, but this too will pass.