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Chief
May I ask how old you are? Will you be pulling money out of it any time soon? I know the stock market is volatile right now and recommend staying the courses.
Early 30s. Just want to preserve capital in case I get hit by the (supposedly) looming EY layoffs in the next 90-120 days. With cases surging and possible commercial real estate implosion on the horizon, the chances of layoffs coinciding with a bear market seem very high. If laid off, I’ll use hardship exception to liquidate 401k (I only do 40k to get match, I prefer non-equity investments). If not laid off, I’ll jump back into the S&P once it’s clear I’m not getting hit by July layoffs or what not.