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Chicago Sun-Times
Chicago Sun-Times
National
Alex Veiga | AP

Americans nearing retirement are unsettled by stock market’s slump, with some choosing to keep working

Stock Market United States Inflation Fidelity Social Security
Mark Bendell, in his home office, is among Americans on the cusp of retiring who are facing a tough choice as they watch their nest eggs shrink: Stay the course, or keep working. Despite the market’s decline, investors like Bendell are sticking to their retirement timeline. (Marta Lavandier / AP)

Americans on the cusp of retiring are facing a tough choice as they watch their nest eggs shrink: Stay the course, or keep working.

A stock market slump this year has taken a big bite out of investors’ portfolios, including retirement plans like 401(k)s. The S&P 500, the benchmark for many index funds, is down about 17% since its all-time high in early January.

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