re: Stopping the 401k bleeding. Long

I was down 30% last year, but my entire 401k was in high growth. I'm only 33 though so I don't really give a shite. Moved a good bit from FAGCX to OIERX and will let the rest ride. If you are that close to retirement you should have already moved your money to something more stable like money market or bond funds. You can't afford a 20-30% pull back. But at this point I'm not sure that it matters.