As indicated by writer Glenn Ruffenach, many retirees enter 2020 in a good mood. After all, stocks had a terrific run in 2019, with the S&P 500 climbing a remarkable 29 percent.
As of December, the economy had been expanding for a record 126 consecutive months according to the National Bureau of Economic Research. Partially as a result, a recent survey conducted by the Employee Benefit Research Institute found that 82 percent of retirees were confident in their capacity to live comfortably throughout their later life, similar to levels of confidence observed in 2005.
