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darkchocolateonly t1_iy4cjue wrote

Reply to comment by Lobster_osity in Started saving for retirement this year-- my "historical returns" YTD say -8.97%, why am I putting this money here instead of a high yield savings account? by Lobster_osity

If you have enough saved you can retire in a downturn and weather it fine. It just takes good planning

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Lobster_osity OP t1_iy4cz34 wrote

I said in another comment that I didn't really think about the fact that you don't cash it out all at once when you retire. Thank you for the perspective!

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