No. of Recommendations: 3
archive.ph - How to keep this hot stock market from melting your retirement dreamsExcerpt:
“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.”
