With people losing over a third or more of their money in such a short time.
Why would they want to put their retirement money into the stock market ever again?...There is no confidence in the government or the stock market...It's going to take years or maybe never to gain back the trust again.

I had a small amount in a mutual fund and two weeks ago I sold it because of all the bailout talk. Also because of the bailout talk, my son cashed in his Roth Ira two weeks ago, he figured it was worth it to pay the taxes and the penalties now.

The people close to retirement have been destroyed. It's sad because no one knows where this is going to end.