Saving an average of $125 per month ($1,500 divided by 12) and putting it into an index fund that tracks the S&P 500, you’re looking at around $61,493 saved in 20 years. That’s huge!
Arguably two of the biggest aspects that determine your benefits are your 35 highest-earning years of employment and your predetermined full retirement age.
Volatility was once again the name of the game as positive coronavirus treatment news helped stocks recover from an early morning dive.
Mizrahi: “Powell is doing a terrific job and is using the power of the Fed the best way he knows how. Only time will tell how this turns out.”
Yastine: “It’s not a natural thing. It’s not normal. But this is why we need to still remain as investors who are engaged in the stock market.”
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