Subject: Zweig article/30-year Returns
https://archive.ph/2025.09.05-...

Excerpt:
“The average since 1793 is 6.1%.

If you expect to work for 30 years and be retired for 30 years, says Bernstein, “you’d better save a truckload of money—and you’d better be lucky.”

Over the three decades ended in December 2023, U.S. stocks returned an annualized 6.9% after inflation. Over the 360 months ended in July 1982, however, they earned only 4.7%. And in the 30 years ended May 1932, stocks gained only 0.9% annually after inflation.”