My retirement fund that I just started was worth $15k in December of 2021. Then, May of 2022, our area was hit really hard. My retirement plan went down to $7k. Today, it’s worth $11k. I lost $4k on my retirement plan. It’s invested in total market funds, some tech, some big cap companies, and healthcare. But every sector has been ravaged by the stock market changes.
If you don’t know what you are doing, and still young, just set a low cost broad market index fund or ETF as the place your retirement funds go. An example would be VTSAX or VTI. Disclaimer: I am not an investment expert or advisor.