"My retirement account took a big hit. What can I do?" Advice of the expert: "Suck it up."

On MSNBC, Velshi and financial experts addressing viewer questions.

A guy's retirement account took a $25K loss, what's he to do, he's 65 already?

Advice of the experts?

Look for part time work and minimize what you take out of the retirement account.

In lockdown? Sure.

Or don't retire, yet, if you can help it.

Or, in a nutshell, suck it up.

Not that it's not the right advice.

For a lot of people this is similar to what happened in 2008.

Though, actually, not at all the same.

The 2008 great recession was caused by the collapse of the markets and retirement accounts did correspondingly worse.

This time, governments deliberately caused the recession to slow the virus, and that caused the fall of the markets, which has spottily and partially recovered.

The DOW is down about 17% today from the high at Feb 13. Unemployment is at nearly 15 % and rising.

The DOW dropped about 50 % from late 2007 to its bottom in early 2009. Unemployment peaked at about 10 %.