Cramer suggests young retirement savers put ‘401(k) money to work’ in this week’s market plunge

Cramer suggests young retirement savers put ‘401(k) money to work’ in this week’s market plunge

CNBC’s Jim Cramer said on Friday investors with long-term horizons to retirement should now put money to work in this week’s steep stock market correction.

“If you’re in a 401(k), I know no one wants to hear this, but I think you have to buy. Buy some,” Cramer said on “Squawk Box.” ”What are we waiting for a bounce?” he added. “You don’t buy the bounce.”

Cramer said he has 401(k) money on the…

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