If you didn't have 4-5 years worth of non-securities like bonds to start off your retirement year you are just an idiot. An idiot loses their money in a variety

If you didn't have 4-5 years worth of non-securities like bonds to start off your retirement year you are just an idiot. An idiot loses their money in a variety of ways, none of which is exclusive to the market going down and affecting a 401k