Market fall of 80% in a portfolio that has been diversified isn&#x27;t that bad. Say you 50% in shares. It has lost 80% of that 50%. That&#x27;s not so bad. You still have a chunk of savings.<p>If goverment bonds loose all their value, it means goverments are close to failing.<p>If real estate is loosing all its value. It means people have no money to buy houses<p>If all 3 is going on the same time, some serious stuff is going and I&#x27;m not sure your goverment backed account is really that secure.