While driving over the last few weeks and listening to the radio, I have come across 2 different shows (really infomercials) for retirement planning touting the benefits of purchasing annuities. On both shows, they frequently quoted Newton’s third law of motion saying “what goes up must come down“. While annuities do have a place for retirement planning, DON’T MISUSE SCIENCE as part of a sales pitch! Yes, these are sales pitches!
Wow, so the year is 3/4 of the way complete! It feels like the year has flown by. It is time to update the Goal and Progress Tracking to see the progress made.
3Q 2017 Update:
- The market continues to be strong. The S&P 500 Index increased by 3.96%
- July and August finished up being strong months, finishing at 90% of the 4% ratio. I was able to keep costs in line with the strong market.
- September ended up lower, as I paid for a much needed mini-vacation!
- There were several dividend payouts in Sept from mutual funds.
See below for more details!