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Economic worries in Europe and your 401K

Posted at 7:52 PM, May 31, 2012
and last updated 2012-05-31 19:52:02-04

(WTVR) - If you watched the stock market this past month, you might be wondering what's happened to your retirement savings.

It was a bad month and even the excitement of Facebook going public quickly turned sour.

Do the economic worries Wall Street has on Europe's economy have an impact on your 401K?

Financial adviser, Sandy Wiggins with the Actuarial Consulting group weighs in on the outlook of your 401K.