Any chance they'd like to talk to someone who is Not dipping into their 401K.

 My read is that the stock market has obviously declined, but that the economy is flat which is not the same as declining.

Granted, for those whose whose lifestyle is based upon annual pay raises and annual or bi-annual increases in home values -- things could be a bit sticky.

And for those who have unexpected medical bill (or fire, flood, etc), those things happen even when the economy/market is rising. See many discussions about keeping 3 to 6 months worth of emergency cash.

I wonder if   "Did you have three to six months of cash on hand for unexpected hard times ?"   will be one of the questions that NBC Nightly news with Biran Williams will be asking.