It would be nice to think that holding your stocks long-term would result in amazing gains over time. The unfortunate reality is that these expectations are likely to be disappointed in a rather dramatic fashion.
One of the financial mistakes I made early on was opening a Roth IRA with my insurance agent. Even though I was smart enough to insist on a mutual fund with no sales load, I did end up with an actively managed mutual fund.
One of the concerns that many people have about investing right now is the economic uncertainty. Capital preservation is all about making sure that your money is safe and that you maintain your buying power.
For some, delayed retirement is a choice, and for others it is a necessity. How you feel about your delayed retirement depends largely on the circumstance surrounding the delay, as well as the reason for the delay.