So the story as I understand it is that although we are near the market highs, the last 15 years have been terrible for the stock market and thus the nest 15 are supposed to be even worse? So I guess the conclusion is that altogether we are supposed to have a 30 year terrible stock market period.
Dunno, I ER'd at the end of 2002. Since then and living off my investments my liquid NW has a bit more than doubled (SS started 3 years ago at 62, tiny megacorp pension of $4k a year) . Although lots of inflation statistics are bandied about I can look at Quicken cash flow reports and see that my annual expenses have hardly budged over this time period and my standard of living feels about the same as it's been all along. I probably just don't get it but... exactly what are we worried about?