January 20, 2005

PRINCETON economist Burt Malkiel provides data supporting personal retirement accounts:
According to Malkiel, from 1926 to the present, yearly stock market returns have averaged about 10 percent pre-inflation and 7 percent after-inflation. The absolute worst return for a 25-year investor who started in 1929 was 6 percent; for a 35-year investor it was 8 percent.
Posted by Greg Ransom | TrackBack