The vast majority of offerings in the 401(k)-style “401k” Federal Savings Plan did not have a good month in December—or a good year in 2022 for that matter.
The S Fund, invested in small and mid-sized businesses, had the worst performance for December, losing 6.55%. It was down 26.26% for 2022.
The common stocks of the C Fund fared just slightly better. The fund lost 5.67% last month and 18.13% last year.
The international stocks in the I Fund were 1.85% in the red for December and were down 13.94% for the year 2022, while the fixed income bonds in the F Fund lost 0.65% for the month and 12.83% for the year.
Government securities in the G Fund were the one bright spot, inching up 0.32% for December and 2.98% for the year.
For the year of 2022, L Income lost 2.7%; L 2025, 6.72%; L 2030, 10.32%; L 2035, 11.65%; L 2040, 12.9%; L 2045, 14.03%; L 2050, 15.05%; L 2055, 17.6%; L 2060, 17.61%; and L 2065, 17.62%.
So with that being said, should you look into other investments where you don’t have to take ANY losses? We call it Zero is our Hero. Contact one of our Financial Retirement Consultants to learn how we help you plan for a better retirement.
