Keep Calm And Watch Your Retirement Evaporate?

At the end of the worst year for stocks in a decade, American retirees are worrying about their nest eggs.
Some fear they're headed for a day of reckoning like the 2008 market meltdown, or dot-com crash of the early 2000s.
According to Reuters, retirees have less time to recover from bad investment moves than younger workers.
If they panic and sell during a brief downturn, they may lock in a more meager retirement.