Originally Posted by
notEnuf
Nobody is taking an early out now. Especially if they were substantially (40% or more) in the equity market. Most retirees need that amount to sustain their nest egg.
I hope "nobody" with such large exposure to equities in their final years was actually positioned to sustain significant losses. They should have been built in to one's financial plan that close to retirement. I know everyone didn't plan smartly, but many did. And many with the massive losses of late also gained much in the last 10 years with the same exposure.