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A 7 percent return is impossible without investing in crazy ultra risky financial products. The only vehicule where everybody (especially people close to retire
by IdontRememberIt 10y ago
A 7 percent return is impossible without investing in crazy ultra risky financial products. The only vehicule where everybody (especially people close to retirement or retired) is investing is real estate (which is also ultra risky). Please thanks the FED for that.
- gizmo 10y agoHow much the market returns varies wildly between decades, but 7% is what you will get on average through passive investing. You don't need to take big risks -- plain index funds will do. Millenials are unlikely to see the stock market drop by more than 40% during their lifetime.
- throwaway2016a 10y agoI get 7% on several "robo-advisors" (financial advisors that use algorithms instead of people. It's not unheard of... not even uncommon. As another posted mentioned, if you invest it is widely considered what you should have as a target for your average (some years better, some years worse)
- dlp211 10y agoI challenge you to find a 20-year period that the S&P 500 did not return 7+% annualized returns AFI. There are some, but not many. I further challenge you to find a 30-year period where the S&P 500 did not return 7+% annualized returns AFI, there are even fewer. And the few that you will find are almost all between 6-7%.