What happens to your 401(k) if the stock market drops 25%, and would the government step in to help?

Nikolai Roussanov, finance professor at the Wharton School, explains the real risks behind modern retirement investing and why volatility is built into the system.

From the 1987 crash to COVID-19, he breaks down how markets recover, why long term investors tend to win, and why bailouts are more likely to support companies, not individual portfolios. If you’re relying on a 401(k), this episode will reshape how you think about risk, recovery, and protection.

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