At this point i'd hang in there, at some point the markets will hit bottom and start to correct. Keeps buying now that it's low and those shares will give you a better return on the up swing. I moved my IRA out of the market and into a money market account back in June, with oil rising and the housing crashing I felt it was going to get lot worse before it got better, for once I was right. Of course my finacial advisor was against it, a money market account only gives you 3%, but a 3% gain is better than 30-40% losses. You have to remember most of these guys don't give a rats a** about you or your money only their commisisons
. I learned that back in the dot com bust, I wanted to move my money and he kept telling me to " ride it out", that little ride cost me 50% back
You have to keep a close eye on the economy and what's going on around the world, yes the advisors are supposed to do this for you but most don't. When you're close to retirement you should have very little tied to the stock market. Remember, it's your money you can move it anytime you want, usually there's no charges as long as you're still within the same company.