[Regulator]

Gosh. One of the good things about the Great Recession (er, Depression II, cough) was that we didn’t have to read drivel like this.

“If you can get a 7 percent annual return on your money”

Yeah right. Good luck on doing that 30 years in a row.

[crusher2013]

Did they figure in a 3 to 4 percent inflation rate. Probably much more considering how much money dear leader is spending.

You’ll need a couple of million in 30 years when a loaf of bread to 20-30 dollars.

[Red in Blue PA]

Yeah right. Good luck on doing that 30 years in a row.

Index funds have returned this and more over a period of many years (ie more than 30).

It is okay to be fearful. What is now okay is to spread fear based upon something not rooted in empirical data.

[Roos_Girl]

The choices in my 401k did not allow a 7% return every year, but a neighbor of ours that we became friendly with and represents Prime rich has done better than that for us (around 10% average I believe) with some ROTHs over the last 10 years that he set up for us. Since I left my job to be a stay at home mom I rolled my 401k over to him entirely.

[Roos_Girl]

Ugh, not Prime rich, stupid autocorrect. PriMerica.

[zeebee]

I remember saying, “even if I only get 8% return on my CD’s I’ll be fine for retirement”