Yes, that’s a valid point. Not all general comments fit every situation. However, that said, if you didn’t jump out at the first signs it’s too late. If you’re in your 60s I’m hoping you intend to live for at least another 15 years, hopefully more. You’re going to have to rebuild your nest egg. If you’re retired or near retirement that means you don’t have much in the way of savings coming your way. So you have to make your money work for you. You need to participate in whatever rebound occurs.