As concerns about a potential recession grow, many investors are reevaluating their 401(k) plans in light of recent stock market volatility. The market drop has left some retirees and young investors worried about their financial security, leading to a surge in trading activity as individuals seek safer investments. Experts are advising against making rash changes to 401(k) strategies despite the turmoil. They emphasize that keeping a level head is crucial, as changing plans in response to market fluctuations could be detrimental. The CEO of Empower noted that this market instability is likely to persist, prompting many to seek advice to navigate these uncertain financial waters. As the stock market continues to dip, it is essential for investors to approach their retirement savings with careful consideration.