Ah, we feel your pain. We really do. For most investors the last couple years have been a roller-coaster. But retirement planning needs to be measured in decades, not months. The key is to stay invested and to keep making contributions right through the market lows. To understand the long view, take someone who just turned 65 who started working in 1970. Had he invested $10,000 in the equivalent of the S&P/TSX Composite index back then, it would now be worth about $400,000. Last we heard, you can’t get those kinds of returns by stuffing your money under a mattress.