Today’s Chart of the Day comes from chartr with data provided by the United Nations.
Whether it’s fear of thinking about the end of life or they just don’t believe they have enough money and assets to worry about, only 33% of American adults have an end-of-life plan that describes how their funds and possessions should be distributed after their death. Although, as U.S. adults age, the average increases to 76% of those 65 and older; however, it is estimated that only 20% of those under age 30 have made the necessary arrangements of obtaining a will.
Today's Chart of the Day comes from A Wealth of Common Sense and shows the annual returns of the stock market since 1928. There were 69 positive years versus 26 negative years. This results in a negative year on average of every 2.5 years. For the last few years, we’ve become used to a string of consecutive positive ones, which has made it tough to remember that negative ones are a normal course of business.
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