I finished grad school in 2000 and started saving then. We haven't had 7% returns for 2000-2017, even with the recent increase in the market.
40 years is a long time, and I'm talking about a notably bad start and end date (though remember how it looked between 2000-2010, almost a lost decade from the perspective of investment growth for retirement planning).
But while I still support saving and investing, a lot of people are reasonably starting to wonder, at what point should we stop assuming these kinds of returns in our planning?
40 years is a long time, and I'm talking about a notably bad start and end date (though remember how it looked between 2000-2010, almost a lost decade from the perspective of investment growth for retirement planning).
But while I still support saving and investing, a lot of people are reasonably starting to wonder, at what point should we stop assuming these kinds of returns in our planning?