I often am asked what I think is going to happen in the stock market. For anyone that has read this blog or spoken to me for any period of time on the topic of investing, you probably know that there is scant evidence that “smart” investors can consistently outsmart the market. Yet, I still get asked what I think is going to happen.
Sometimes investing can feel like a day at the fair, with crowded lines, rich food, and the occasional realization that too much fun can have painful consequences. The third quarter offered a wild ride for investors that had feasted on one too many deep fried FAANGs.
When planning for retirement, it’s important to keep in mind how much spending your savings can support. The decisions you make today can help improve your retirement readiness.