alt Hacker NewsOr perhaps not. You don't want to retire at a moment when the retirement fund is down 20% and decides to pay no interest on your savings for the next 10 years. Or not pay you at all.
Replies
devin • yesterday at 8:35 PM
Isn't this precisely what target date funds are for?
It doesn't really matter. 20% down from peak after 30 years of growth is going to be far over your book value.