Did you miss the part about bonds getting whacked too? (thanks to Trump and the Fed) There's no safe place to hide right now, and having cash sit around in retirement earning nothing is not going to extend how long your IRA lasts. The number of people who can live off a dividend stream is extremely small, and RMD's will require most to sell investments to meet the regs - saying a crash doesn't hurt them is just wrong. I'm not talking about people well below retirement age, they can dollar cost avg in tax sheltered accounts., retirees and people like me cannot because we can't add new money to the IRA, we're stuck with what we have.