The inflation adjusted annual return with reinvested dividends of the Nikkei is 1.3% annual over the past 30 years. Not great, but hardly a catastrophe. Anyway

The inflation adjusted annual return with reinvested dividends of the Nikkei is 1.3% annual over the past 30 years. Not great, but hardly a catastrophe. Anyway, the general strategy is to move from stocks to bonds and then government bonds the closer you get to retirement. Definitely not something you need a money manager for