What goes up, must come down…???

It only affects real estate if there is unemployment.

What is your worry with the market?
What is the shoe to drop?
The straw against the camel's back?

If you don't have to tap your 401(k), don't worry about the short term market.

The danger in being in stocks at your age is if you have to sell at a loss to support yourself. Even if we see a bear market in 2024 you'll still be ahead of 2 years ago.

You seem to have a peculiar thing to worried about. I am also retired and you and I have survived a downturn and have lived long enough to participate in the upturn. Congratulations for not selling your investments when their values dropped.

You should be able to get some good advice on obtaining a balanced portfolio tailored to your situation with little effort or cost.

Do make certain that you do not have to take an RMD (required minimum distribution) from the 401K.

I believe the most important change in American finance is the 25 year period by which we took control of our finances and transferred ourselves to active investors from passive savers.

quote:

---

I’m an old retired guy who has not touched his 401(k).

If/when the market crashes it’ll also affect real estate, so where is the safe move beforehand?

---

We don’t know what your financial/income situation is, how much of your net worth is tied to your 410K or when you might need to start withdrawing from your 410K. But well before you entered retirement, you should have developed a plan that accounted for that and have a portfolio allocation that’s appropriate.

You mentioned real estate. Do you currently have some real estate related investments, or if there is a real estate correction, do you have a desire to enter that market for investment purposes?

Given the limited amount of background information, my only advice is to have a rational, unemotional plan and don’t be reactionary.

Good luck.