The fact is the market will crash again, it always does. Market declines have occurred nearly every decade for the past 200 years. It is the very nature of the stock market. This has a devastating effect on retirement planning and investments. Depending on your portfolio, all of your invested assets could potentially disappear overnight.
For example, the recent 2001 ‘tech bubble’ and the 2008 financial crisis, cost investors tens of trillions of dollars of lost wealth. The astronomical losses of this meltdown destroyed our real estate market, costing many families their homes, retirements, and lifetimes of assets.