Retirement Planning in a World of Lower Investment Returns
Wade D. Pfau
Over the past 90 years, from 1926 through 2015, the S&P 500’s average annualized returns were just over 10%. Long-term U.S. government bonds returned 5.72%, and inflation averaged 2.93%.
Fontinelle, Amy, "Retirement Planning in a World of Lower Investment Returns" (2016). In the News. 1403.