Plenty of research has gone into how well market timing might work. When the brokerage firm Charles Schwab studied market timing, it found that the cost of waiting for the "perfect moment" to invest costs investors more than they would have earned -- even if their timing had been perfect. Very few of us can predict short-term market movements accurately enough to beat the buy-and-hold strategy.
Saving for retirement isn't easy, especially as it becomes more expensive to retire comfortably. The average worker expects to need around $1.7 million to retire, according to a 2022 survey from Charles Schwab, and less than half of survey participants believe it's very likely they'll meet their saving goal. Fortunately, it's simpler than you might think to supercharge your retirement savings.
Interactive Brokers' (IBKR) November 2022 DARTs of 1,952,000 decline 1% from the prior month and 30% y/y.