Amid recession fears in bear market, experts say 401(k) investors should think long term

Amid recession fears in bear market, experts say 401(k) investors should think long term

High inflation and fears of a recession have many Americans wondering what to do with their 401(k) retirement investments. Those fears have been magnified by U.S. stocks falling by at least 20% from their most recent peak in January. CBS News MoneyWatch reporter Aimee Picchi joined CBS News' Errol Barnett and Debra Alfarone to discuss.