From Yahoo Finance: 2025-04-06 09:30:00

Stock markets in the U.S. and globally have dropped since Trump introduced tariffs, causing Americans to rethink investments. The Dow fell sharply, mirroring global markets, heightening fear among investors. How could it affect your 401(k) accounts? Experts recommend recession-proofing retirement funds and carefully reviewing investment mixes.

The recent turmoil spiked anxiety levels for many with money tied up in retirement accounts. Experts advise against withdrawing money, but suggest adjusting investment mixes. Blending bonds with stocks can provide a downside cushion. Other financial steps include controlling debts, reviewing loss tolerance, building liquidity, re-evaluating job prospects, and delaying retirement if possible.

After the U.S. stock market closed, Trump announced tariff increases on imports from China, Japan, South Korea, and European Union countries. Investors fear raised consumer prices and slowed economic growth, possibly leading to a recession. The weighted average U.S. tariff rate could rise significantly, impacting American consumers and financial markets.

Read more: How to secure your retirement accounts as the market drops