Bye bye life savings

Its only gone if you sold/sell or the Great Reset happens.

If he would have sold at the top he would have paid about that in taxes anyway.

RIP $2,500

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If he would have sold at the top he would have paid about that in taxes anyway.

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Not if like most of us it was within a 401k or IRA, you can sell and hold cash, only withdrawals are subject to taxes.

Extremely risky with Sleepy Joe at the helm.

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I’m down like 30%

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Sorry.
Hang on if you can. Rough times, but it will bounce.

Unique times with mature portfolios having such little fixed-income presence. Volatility can be awfully painful in retirement holdings.

Not a conspiracy anymore, funny how many of those from even 5 years ago have proven true.

1. Sounds like you still have 70% of what you had at the peak
2. Unless your "life savings" has been accumulating for less than a decade or so, you should still have far more than you put in, unless your "investments" have been almost intentionally bad
3. As long as you don't sell, you haven't lost anything

Assuming your investments haven't been intentionally bad (see: point 2), just stay the course. This, too, shall pass.