I was in the fortunate place earlier last year to retire. That was before the free fall started. I moved my 401k to a fixed guaranteed interest product with New York Life. I'm not necessarily recommending them but my insurance agent/planner recommended it. It's growing at the proper rate and I have not lost a dime of it. Check it out if you can move your money without penalty.
My annuities and IRA are a whole 'nother story. Yuck!
It's growing at the proper rate and I have not lost a dime of it. Scared me to read this from your comment the other day.
Madoff's investors would have said the same thing a while back.
You need to study long and hard what a "fixed guaranteed interest product" really means and what happens when the company has solvency issues.