After you’ve got a few years on the job, your investing will probably have enough money sitting in 401(k)s and IRAs that a market downturn would trigger a big enough dollar loss to get your attention. Which means you could be even more prone to abandon your long-term strategy to avoid short-term pain.

“Resist that urge.”

With 20 or more years to go until retirement, you still have lots of time to make up for any setbacks. So long-term growth of your savings should still be your overriding investment goal. With fewer years left in your career you’ll want to be slightly less aggressive than you were starting out. A mix of roughly 70% to 75% of your retirement savings in stocks and 25% to 30% bonds is generally appropriate if you’re in your 40s (this is where I am at) and early 50s.

You’ll also want to be sure you’re continuing to put away enough bucks in your retirement accounts. By running a couple of different scenarios using different assumptions about your savings rate and investment strategy, you can get a much better handle on whether you’re on track and, if not, what you must do to make progress.

Keep in mind there are lots of strategies with investing. Here are a ver more Investment Strategies ideas.