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You missed the point: "Average return" != "real return in any arbitrarily chosen 10-year period" It's scary how many of you don't seem to know this. Did you a

• Dylan16807 13y ago
  When you're talking about being retired for fifty years, it's the average that matters.
  • timr 13y ago
    "When you're talking about being retired for fifty years" Yeah. We aren't. This whole thread spawned because the claim was that you can retire in 10 years if you save 66% of your income.
    • Dylan16807 13y ago
      >Yeah. We aren't. This whole thread spawned because the claim was that you can retire in 10 years if you save 66% of your income. I don't understand. Retiring after 10 years means you'll be retired for around 50 years, doesn't it?
      • timr 13y ago
        If you lose your nest egg in year 10 because the market takes a dump, guess what? You're not retired anymore. It's why real-life retired people don't put their entire savings in the stock market. Retirement funds tend to have most of your money in fixed-rate securities by the time you actually quit working.
        • Dylan16807 13y ago
          'lose' If you had enough money to live off for fifty years, the market taking a dump isn't going to wipe it out. Especially if you invested part of it before the market got high, and your total without accounting for dumps would have lasted seventy years.