Did you know that one of the most important jobs of “chief market strategists” at Wall Street’s biggest banks and investment firms is forecasting what the stock market will do over the next year? This week’s article tells us that “Strategists do this every January by predicting where the S&P 500 will close on Dec. 31”. While the article is somewhat tongue-in-cheek in its comparison of the forecasts of professional strategists to what they describe as the “more frequently accurate Blind Forecaster”, what the article reinforces is the desire to plan ahead. That’s what we’re here to help you do. Call us if you would like to discuss options that can provide for an income in your retirement that you won’t outlive.
