My retirement fund that I just started was worth $15k in December of 2021. Then, May of 2022, our area was hit really hard. My retirement plan went down to $7k. Today, it’s worth $11k. I lost $4k on my retirement plan. It’s invested in total market funds, some tech, some big cap companies, and healthcare. But every sector has been ravaged by the stock market changes.
Yeah, I was going to say. Not pension, but I put money into two different blended portfolios (I didn’t choose the contents, just the two choices from a list). I started it in Feb 2021 and the overall gain has been over 35%. I have no idea what the pension fund put their money into there, but it seems like some bad choices.
OP should check the options they have.