50% of retirees left the workforce earlier than planned.*

*2015 Retirement Confidence Survey, EBRI

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*2015 Retirement Confidence Survey, EBRI

57% of U.S. workers have saved less than $25,000 for retirement.*

*2015 Retirement Conference Survey, EBRI

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Happy Two-Year B-Day Bull Market – Here’s to a Third! | Weekly Market Commentary | October 14, 2024

Happy Two-Year B-Day Bull Market – Here’s to a Third! | Weekly Market Commentary | October 14, 2024

The October 13 rally that ended the bear market at a low of 3,577.03 began with the S&P 500 selling off in the morning only to rally dramatically higher into the market close. The CPI report earlier in the day showed headline inflation at 8.2% on a year-over-year basis, but Core CPI ─ not including food and fuel prices ─ beat the consensus estimate at 6.6%. The S&P 500 closed at 3,669.91 and the bull market had commenced.

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