Quote Originally Posted by Geila View Post
Oh, I think people who are already retired totally dodged the bullet. It's the people who are not retired yet but were planning on 5 years or so and were still highly invested in stocks.

I know a couple who is retiring this month and I'm assuming that they had already moved most of their investments to more stable vehicles.
Many people who are retired still keep 50 or 60 percent in stocks, since for years we have been in an environment where you cannot make enough on fixed income to have your money last your lifetime.
So I disagree with what you are saying here, and I know I did not dodge a bullet myself, nor did my husband.