The Dow dropped 7% to its lowest level in five years on Thursday. What should you do now? What does it mean for your retirement? How bad will it get? In this installment of "Fool Video," Fool retirement advisor Robert Brokamp and Fool senior analyst Bill Barker share their perspectives.

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Bill Barker is an advisor for Motley Fool Hidden Gems. Robert Brokamp is the editor of Motley Fool Rule Your Retirement. Try any of our Foolish newsletter services free for 30 days. The Motley Fool has a disclosure policy.