Last friday 2/2/18, I saw something bad with the technicals and moved all my money in my 401k in both my vanguard and fidelity account which is in a target date mutual fund and s&p etf into money market account. I plan to remain in cash until I see a signal to buy back. It could be days, months or year. So far I saved myself the 10% drop from its high, where as my work colleague just told me he is down $100k from his retirement account since last week.
so just getting opinions on what you guys are planning to do with your retirement account/401k since the market correction and a possible of a bear market?
History shows if you are at least 10 years away from retirement (or need to use the $), you should stay put.
The problem is you never know when is a good time to get back in the market. Google some research about timing the market and moving in and out of the market. The statistics is against you.