I just wanted to highlight this comment that I saw on Reddit this morning.
https://www.reddit.com/r/personalfinance/s/F8ntmtttGp
There are two things that could ultimately happen with the S&P 500.
1. It could stabilize and continue to increase over time as it’s done for the last 68 years.
2. It could crash, along with the US economy, and never recover.
It’s important to note that if #2 happens, you and I will have far more things to worry about than the value of our retirement as it indicates the total collapse of the US economy (S&P 500 represents 80% of US market cap). In that case, it wouldn’t matter if your money were in the market or in a box in the backyard, it would be similarly worthless.
So, given that there is nothing you can do to protect the value of your money in the event of #2, you might as well continue to invest believing that #1 is much more likely (cause it is).
Don’t panic. Don’t sell your stock. Hunker down and wait it out.
Emilybook 