If the current state of the economy has you concerned about your retirement savings, you are not the only one, says a recent article in “USA Today”. “Conservative” seems to be the new watchword in investments, according the article’s authors, with at least $411 million of 401(k) assets having been recently moved into fixed-income funds, including stable value, bonds and money market funds.

In line with this new investment outlook, the article features advice from several financial experts on how pre-retirees can respond to the recent changes in the financial markets. One expert advises shifting from stocks to fixed-income funds, which offer long-term growth. Another expert recommends moving away from “growth stocks to less-volatile, dividend-paying companies”.

On the other hand, participants can take advantage of lower stock prices by purchasing more shares than they were able to before. Given the cyclical nature of the financial markets, when stock prices go back up, these investments could result in greater earnings for you. Regardless of where you invest your assets, you should continue to do so and continue to save for retirement.

NADART retirement plans offer a diverse number of investment options, details of which can be accessed via our Web site. For any related questions, or to find out how to sponsor a NADART plan, please contact one of our representatives at (800) 462-3278, ext. 7161 or by e-mail at nadart401k@nada.org. You can also request information through our online Product Information Request Form.