Investing in Securities is a long range proposition:
On 3/24/00, the S&P 500 closed at a then all-time high of 1527 before beginning a year bear market that bottomed
at 777 on 10/09/02. The Index climbed back to a record close of 1565 on 10/09/07 before falling again.
The S&P 500 was at 1350 on 3/24/08. ( The S&P 500 is an unmanaged index of 500 widely held stocks that is generally
considered representative of the US stock market )
Do you have realistic expectations ?
Americans who are currently employed expect to work until age 68. In reality, that is 10 years longer than the average
retirement age (58 years old) of Americans who are currently reitred (source: MFS Investment Management).
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