My friends, love is better than anger. Hope is better than fear. Optimism is better than despair. So let us be loving, hopeful and optimistic. And we'll change the world. Jack Layton
"from people losing their retirement savings."People only lose if they actually sell everything at the bottom.Even if someone needs some (but not all) of the money right now, there's no reason to sell all of their holdings, just those shares/units to generate the cash they need.