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Strive To Stay In A Good Mood

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.

Anirban Basu, Chariman Chief Executive Officer of Sage Policy Group (SPG), is one of the Mid-Atlantic region's leading economic consultants. Prior to founding SPG he was Chairman and CEO of Optimal Solutions Group, a company he co-founded and which continues to operate. Anirban has also served as Director of Applied Economics and Senior Economist for RESI, where he used his extensive knowledge of the Mid-Atlantic region to support numerous clients in their strategic decision-making processes. Clients have included the Maryland Department of Transportation, St. Paul Companies, Baltimore Symphony Orchestra Players Committee and the Martin O'Malley mayoral campaign.