The Investment Thread
I posted about this on the inflation thread. I can't imagine having to have just retired or on verge of, only to see valuations drop 30% or more.
And it's all relative. Someone at 25 who had 50k balance now has 35k balance but decades to recover.
Someone at 65 who had a 1.2mm balance now around 800k and doesn't have the "years to come" to recover.
Gotta be involved with your FA for sure.