So, almost a month since the last post in this thread and things have only gotten worse; where is everyone now?
My money's been all in cash for a couple of years now; I never did have a high tolerance for risk, and when I got a new boss I don't like two years ago I started to seriously think about retiring sooner than I might have. The work situation has calmed down and I now have no immediate plans to retire, but I'm very much in agreement with those on this thread who say that their strategy is simply, "Do I have enough?" I guess I'm glad I was in the market for a few good years, but I saved aggressively and lived frugally, so though I don't have nearly as much as a lot of you do, I feel pretty secure.
Last year when I turned 59 1/2 I rolled over as much as I could from of my 401(k), since the safest option I have there is a money market earning virtually nothing (though I'm still contributing enough to get the full company match, of course, so that's an immediate 103% return), and put it into laddered CDs whose rates now look pretty good -- 2.55% - 2.37%. My IRA (Roth, since I make too much for a traditional) is in GBU variable rate annuities (like CDs, but with an insurance company rather than a bank) at 3.25% and 3.00%. I'm fully vested in two of those three accounts, so I guess that counts as cash.
I learned in 2008 that I can't sleep at night with very much in the stock market.