Theoretically speaking, it is possible for individual pension accounts to lose money. However, because the personal pension account has the characteristics of closed accumulation and long-term investment, it is not allowed to withdraw in advance except for special circumstances such as retirement, so it is more reasonable to evaluate the long-term rate of return. It is normal for Xiao Ming's account balance to fluctuate in the above short-term rate of return, but if the term is extended, the long-term income of the personal pension account will be guaranteed by investing for twenty or thirty years.

Pension funds have a wide range of investments, including stocks, and belong to regular hybrid funds, so there are certain investment risks. Compared with ordinary funds, pension target funds aim to pursue the long-term stable appreciation of pension assets, which is more stable, long-term closed and relatively high in safety factor. In the long run, the long-term value-added ability and risk control of pension funds are still guaranteed, and the possibility of losses is relatively small.

Generally speaking, since it is an investment, there are naturally gains and losses. It's just that the personal pension investment cycle is long and it is unlikely to lose money in the long run. Although the pension fund is also a kind of Public Offering of Fund, the risk behind it is not as high as expected, and the possibility of loss is relatively small, so prudent investors can consider it.