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Vanguard and Fidelity Expect Less Than Half the Stock Returns of the Past Decade. Here’s the Math for a 66-Year-Old With $2 Million and $4,000 a Month in Social Security.
Fidelity and Vanguard warn retirees to expect stock returns below half of the past decade’s pace, reshaping how a 66-year-old with $2 million and $4,000 monthly Social Security should plan withdrawals.