Hi there! I've been basing my 401k calculations off an expected return of about 6% not accounting for inflation, however I am not positive whether that is an accurate figure.
I have seen that the S&P500 average yearly return is about 10-11% through its lifetime - would it be unwise to use this figure for my calculations? I would then adjust the value of that money based on inflation, of course.
I am only 22, so risk is not a huge concern so long as I am in funds and not going all in on individual stocks. Any insight would be appreciated!
Submitted September 02, 2021 at 05:49AM by Sustar41 https://ift.tt/3yBJfzC
