As we move through the later part of the economic cycle, with many people anticipating a recession soon, we can expect stock markets to be more volatile.

Fidelity has reported that the average 401(k) balance in the retirement plans it works with fell 10% during the fourth quarter of 2018. Your 401(k) account may have suffered a similar loss.

A lot of Financial Advisors outline various approaches to managing your 401(k) in volatile markets.

However it is unlikely that by following any of their suggestions, you can effectively recession-proof your 401(k) account with any degree of certainty – as all industry advisers recommendations are colored by their vested interest in commissions and fees from your 401k investments in the share market.

Almost universally they advocate leaving your money in the market despite the expected increased volatility.