Thanks for your suggestion Bart.

It's certainly a possibility. However, to the best of my recollection, the last time the market suffered something of that magnitude was the Great Depression, about 90 years ago.

I could certainly hold enough cash to survive something like that, but then there would be little growth available.

More importantly, given the current rising inflation, which the Fed expects to be short term but may stick around longer than they say, holding that much cash seems to me taking a greater risk than that of another crash of the magnitude you suggest.