Yep, me too very close to it but there is a feeling that a correction is coming soon.
“feeling that a correction is coming soon”
For years I had that feeling and was ultra-cautious — invested way too much in fixed income when I was young, moved too much money out of equities in the big downturns, and got back into equities way too late.
It took me a lot of years to realize I couldn’t time the market and I just had to ride through the waves. The stats on how poor your returns get if you miss the upticks from the bottoms are sobering.
It takes a lot of steely nerves to ride through the downturns, especially when you retire.
Retirement is largely a crapshoot in that, if you retire at the start of a serious bear market, you are screwed. Conversely, if you retire during a bull market, you are made. So much of your retirement situation depends on how well the markets do during your first two or three years of retirement.