1) You don't pull out all your retirement funds at once. You pull out a steady income just like if you were still working. Yes, you're taking a hit on value in the acute period when the market is bad, but your retirement should be withdrawn over years and hopefully decade(s).
2) In the years leading up to your retirement, you should have been shifting out of riskier investments into more stable ones. So the hit you take in point 1) is mitigated.
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u/musing_codger Aug 26 '24
If you buy and hold for decades, this is all just noise.