Nah, I moved my 401K to mostly a Stable Value Fund right before that so I actually had a gain that year. but to stay on topic, it is still amazing that they screwed this up.
My rule of thumb is not to look at your age in terms of when to move retirement assets but when you exlect to draw on those funds. If that age is 60, and you need those funds to live off, then begin to move assets out of equities towards fixed rate of return.
What is difficult for retirees is trying to live off of interest when rates plummet. My advisors say that retirement funds are the last you should tap, since they grow tax deferred, in essence you are getting a return on money that would otherwise go to the government in taxes.
In terms of potential donations to sju, you can donate appreciated assets like stocks or mutual funds to the school, take the full value of the donation as a tax deduction and not have to pay taxes on the gain.
So if you invested $2,000 in Apple a dozen years ago, it could be worth 25k which when sold the gain would be taxable. Donating part or all of that investment allows you to take a deduction for that full amount donated, without ever having to pay the tax on the gain.
Another way to make a dination won't cost you a cent in your lifetime and that's through estate planning. If you are living say in a mortgage free home, your estate has an asset that may be worth $1 million or more. Pledging to donate part of your estate in a will would improve your priority points without impacting you in your lifetime.