BreathFree
Recycles dryer sheets
I remember many years ago listening to Dave Ramsey on the radio and my employer's guest speaker at a company meeting preach 12% returns in the stock market and I thought I need to start investing. So I made a spreadsheet, which I still have, showing 12% returns along with my projected earnings up to an early retirement at the age of 55.
Next, I discover that 12% returns are nominal and I can expect closer to 8% real. Then, 8% becomes 4% with my discovery of asset allocation. Then, 4% is unlikely for early retirement due to sequence of risk. Now, due to the low interest rate environment my SWR should be 2% or less according to Wade Phau and others on this board.
Anyone else feel as discouraged as I do with each new bit of insight into retirement saving/investing?
Next, I discover that 12% returns are nominal and I can expect closer to 8% real. Then, 8% becomes 4% with my discovery of asset allocation. Then, 4% is unlikely for early retirement due to sequence of risk. Now, due to the low interest rate environment my SWR should be 2% or less according to Wade Phau and others on this board.
Anyone else feel as discouraged as I do with each new bit of insight into retirement saving/investing?