I have a SEP IRA S&P 500 retirement account and after this election am thinking about taking the 10% hit plus tax and cashing it in. This is not out of panic due to the fiscal cliff (as this will most likely be kicked down the road). This is not because I am in financial trouble. I have lost faith in the judgement of the American people after this election and do not trust them not to take my retirement. I will do it this year if I do it as taxes are going up in 2013. Is this a good idea? I have bucked conventional wisdom in the past with good results.