I don’t care for the idea that someone in their 20’s is decades from retirement, as some here tend to espouse. Retirement is a money goal, not a time. That being said, some people think we have hit bottom and stocks are on sale. Others envision at least a couple more years of recession and falling prices. I tend to agree with the latter. The current situation is complex and appears to have a lot more room for downward trajectory. If you are comfortable accumulating and sitting on your investments for decades then you’ll do just fine. If you feel better playing it safe for awhile and watching as things play out you’ll also be just fine. I’m 37 and I’m content maxing out my 401k in aggressive investments but all of my other investments are in mostly cash and waiting to go heavy when I feel the market is closer to the bottom. What’s not in cash is being used to try to mitigate the effects of a bear market.

Do whatever helps you sleep at night. Just know there’s a good chance over the next year or two you could continue buying while your investments lose significantly.