Can the Dow Jones Index reach 100,000 by 2030?

When is the right time to invest in the Dow Jones blue chip index? The answer is right now, according to Ric Edelman, author of the book "The Truth About Your Future: The Money Guide You Need Now, Later, and Much Later".
The blue chip index is at a level of about 21,000 points. To increase to the psychological limit of 100,000 points, it will need an increase of 376%.
"If I'm wrong, then we're likely to see levels of 150,000 points for the index," Edelman said. "Most likely, we will see incredible profits in the US as well as globally in the future," said the finance expert.
Edelman's book aims to educate investors about how to save on retirement in a world of technological boom and expected life expectancy.
"If you think you will retire at the age of 65 and die at 85, forget it," Edelman added. "You'll probably live up to 110 or 120".
According to the author, "retirement will not exist in the 21st century. "This means you will have to work longer and you have to save much longer," the author said.
Edelman, is also turning to the technologies that help people in their investment decisions. Technology has substantially reduced the cost of investment, mainly through the use of index funds.