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Originally Posted by John C
I would say that JLP's example calculation shows just how important luck can be. You can see that a relatively short run of five years of bad luck would halve your potential retirement fund. Too bad if that dip happens right when you need it. But this assumes that all your money is in shares.
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Well, I used an 8% average ROR because that's what the previous poster used. However, the long-term ROR for something like the S&P 500 Index is well over 10%. Luck has nothing to do with it.
JLP