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A comment on Champions of the 401(k) Lament the Revolution They Started. Parent comment

Re:Champions of the 401(k) Lament the Revolution They Started by friedman23 on Monday January 02, 2017 @11:42PM (#13306778)
> More importantly, though, you hope you retire at the right times

Hope has nothing to do with it, 10 or 15 years before you plan to retire you start liquidating equities and going into bonds and treasuries. If the market is at a low point you hold off on equities until the market rises again.

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Re:Champions of the 401(k) Lament the Revolution They Started by dgacmu on Tuesday January 03, 2017 @09:03AM (#13309170)
If you go much under 50% equities, you substantially reduce the percentage of your wealth you can draw on for living expenses.

For more: https://pressroom.vanguard.com/nonindexed/2013.10.23_A_more_...

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Re:Champions of the 401(k) Lament the Revolution They Started by paganel on Tuesday January 03, 2017 @02:55AM (#13307525)
How do you know that "the market is at a low point"?. And more importantly, how do you know that the "market will rise again" ?
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Re:Champions of the 401(k) Lament the Revolution They Started by zeroer on Tuesday January 03, 2017 @05:59AM (#13308326)
I think he means you determine if "the market is at a low point" by comparing to the recent past. For instance, today, I can tell the market is at a high point. It might be a good time to rebalance from stocks to bonds today if that's something I'm looking to do.

That the market will rise again has held in the past in the U.S., so it's not so unreasonable to suspect it will in the future.

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Re:Champions of the 401(k) Lament the Revolution They Started by friedman23 on Tuesday January 03, 2017 @10:37AM (#13309787)
If the stock market crashes and never recovers we are all fucked. Buy guns and bullets in that case.
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