[quote=svelte][quote=scaredyclassic]what if the future is nothing like the past?[/quote]
This worries me quite a bit, but really all we have to go on is how things behaved in the past.[/quote]
Things change. Stocks go up and down over time, but for the long-term it’s better behaved than we fear. If the S&P 500 return for the last 30 years is, say on average 8% per year; then I would expect the results will not be that much different for the next 30 years. Could be foolish thinking, but I am quite comfortable with that assumption as part of my planning.
