It depends on your age but if it can be avoided then you should never sell when people are this fearful, as this is precisely the time when you should be accumulating. And stocks have traditionally done well (by comparison) during times of high inflation. Think Weimar or Venezuela. And the hedge funds and big tech (i.e. Google / Alphabet) are snapping up as much as they can right now. They are trying to "own the world". Also the fed said that they are moving into "quantitive tightening" but it's not true as they have not changed their balance sheets and are continuing to buy the debt. In Australia our government is starting to let people cash out their super. During covid you could cash out 10k before and after the financial year. Also they are proposing the idea of using your super to put a deposit on your first house. This will be a devastating blow to a person that is young now when they go to retire. It suggests to me that they expect major gains in the stock markets in coming years. So my recommendation is that no, you shouldn't pull your retirement accounts, not yet. Once they have shaken enough weak hands from the market then it's going to bounce back harder than ever and ((( they ))) would love nothing more than to buy your retirement plan at a massive discount right now.