I don't know how so many people can still have faith in the market, 401ks and mutual funds.
My 401k and mutual funds lost almost 40% of their value twice in a span of 8 years. Once in 2000 and again in 08.
I was in pretty conservative funds as well. Ones with glowing brochures, telling me how much I would have by the age of 65. Give me a break! I am not even half way at age 47.
Get out now....you'll just build up and some "crisis" will come along and wipe out everything you have gained. Even if you ARE paying attention to it (like I was).
I have almost no faith in the stock market, 401ks or most retirement vehicles. Sure, at one time they were the way to go but not anymore.
Our founders would be shooting by now!