Originally Posted by
Beans
Bob,
...ask what a purely market based retirement looked like from 2004-2015. Belive me purely market based investments also carry many risks and I'm sure you know many who pulled out of the market after taking a 40% hit in the down turn.
True, those were bad years (except 2013-2015) but even still no one took a hit unless they sold when the market was down. That's the time to buy more, not sell. The problem is most people make financial decisions based on fear. If those who sold low had stayed in the market through the downturn, they'd have about 3 times their money compared to the bottom of the market in the 2009-2011 timeframe.