You know, I keep hearing and reading about "retirement accounts devastated by the stock-market dive" and how someone needs to do something to restore them. But, but, but... if you're more than 20 years from retirement (like I am), you've got 20 years to make up the loss. And to make up the loss, you need to get 2% higher annual return over that 20 years -- which, frankly, is within the margin of estimating error to predict 20-year returns. And if you're five years from retirement, or already retired, then you'd be an idiot to have so much of your retirement account in equities that it'd be "devastated by the stock-market dive".

So can we all stop wailing about the devastated retirement accounts?