Can the market really annualize 10%?


I know everyone talks about long term investing and for the last 100 years the S&P has returned something like 10% annualized. But when I think about my retirement future, for some reason I just highly doubt it.

For example, if I have 30-35 years or so left until retirement and the S&P returned 10% (obviously there’s ups and downs)

That would make the S&P 70,000-118,000 per share. I just don’t see it happening like at all.

My thought is I’d be lucky if I see 4-6% a year compounding for the next 30-35 years.

Thoughts on the S&P being 70,000-118,000 a share in 30-35 years?


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