moneygeek

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@michaelbatnick Wait, what? The markets are not a level playing field. Oh noes! :-)

The probability is great for us to expect that percentage will increase with time. By 2029, a 65-year old will have a 50% chance to see 90.

Ladies out there should be smiling-if they make it to 65, they have a 33% chance of seeing 90. That’s 25+ years worth of living to plan for.

Research says a 65-year old has a 50-50 chance of living another 17 years. If one makes it to 65 today, they have a 25% chance of seeing 95.

The current hole in US pension funds is estimated at $3.85 trillion--almost 20% of GDP. It's likely the biggest time bomb in the US Economy.

So don't be quick to dismiss that side-job/project in the interest in focusing on one area. When one stream dries up, you'll need another.

While focusing on a niche has its benefits, having multiple income streams is one of the best ways to ensure success in becoming wealthy.

In fact Ron's annual return is 5% annually to get there, while historically the index has averaged 9.8% annually when dividends are counted.

Ron Baron is hardly going out on a limb with his prediction of DJIA 40K by 2030 given a 5.5% annual return on the index over the last 90 yrs

Seasonality is a headwind into the coming week. SPX has been down the week after June options expiration 74% of the time in the past 27 yrs.