<prompt> Human: I have an employer sponsored 401k with Charles Schwab in the US. Money its split between traditional and Roth. Its all in low fee index funds. If Im anticipating big declines in the market, where should my money be? Index funds seem like a bad place, but all of the other options seem pretty well tied to the stock market as well. Im 15 years or more from retirement. Thank you.  <response>: You can roll it over to an IRA when you leave your current position and get hired by an investment firm that can put your superior understanding of the stock market to good use...If getting hired by Goldman Sachs doesnt work out, I would revisit the question of your actual risk tolerance, since it sounds like you are misallocated if you think you should be making changes based on short-term market changes real or imaginary. Risk tolerance is a very real and very critical variable in asset allocation. Your retirement is invested for the long-term. If you havent taken a position that youre capable of holding for the long-term, then its the wrong one for you.If you have access to target date funds in your 401k thats ideal. It would be most correct to use a 2030 fund. But if you really cant stomach that, you could do a 2025 fund. The nice thing is theyll automatically rebalance for you if the market goes up or down. 