Retirement fund in freefall

[Needsawakeupcall]

I know I'm being unreasonable here as I still have health, job, home & no debts. There's a lot more worse off, I understand that, so please don't slate me; but due to this corona virus everything's crashed, values of Isas & bonds have taken a good hit. I've not even looked at pension yet. I only have 12 years retirement. Do I hold my nerve, leave them where they are & let the market recover, or move them? I dont need to access the cash right now.
Sorry, I know it could be a whole lot worse 😕

Yes. This happens regularly. It is still very very worrying. In 2000 my retirement fund lost half its value. In 2004 it lost a quarter. In the 2008 crash it lost a third. In this crash...been too afraid to look but judging by the index its lost at least a third.

I am leaving the money in. The markets will recover. The question is how long will it take? Is this a V quick recovery or a U a slow recovery? I’m not far from retirement either but I think if I move it all to bonds (where interest rates are below inflation) I will be sure to lose buying power but if I leave them where they are in stocks they have a chance to recover. The damage is done. I don’t think they will crash any further down.

Definitely leave it in. Don't make a paper loss into a real loss.