Son, Don't Count on Double-Digit Stock Returns

摘要

For the past half-century, making money from stocks has been shockingly easy. From 1950 to 1999, real returns on the Standard & Poor's 500-stoek index averaged 8.3% more than what you could have taken in on risk-free short-term debt. However, if you're a 30-year-old who's not saving much because you're relying on making returns just as profitable as those of the past decades from now until you retire, think again—or you just might end up living on dog food and government cheese.