traineeinvestor
Thinks s/he gets paid by the post
Not only are the 30 year returns higher than what I am hoping for, they are higher than what I need with two rather large buts in there:
1. inflation in the US may (or may not) average 2% pa over this period, but it is higher where I live and my cost of living has been going up by more than that;
2. the volatility of returns could be problematic if the negative returns are in the next few years (i.e. the first few years of my retirement).
1. inflation in the US may (or may not) average 2% pa over this period, but it is higher where I live and my cost of living has been going up by more than that;
2. the volatility of returns could be problematic if the negative returns are in the next few years (i.e. the first few years of my retirement).
