Retirees now face a bold truth: investing in traditional safe haven assets do not provide the returns they once did. So, where to from here?
The first thing is to accept that today’s returns are lower on retiree favourites, like cash and bonds
Second, there are tools available to provide forecasts for what the market will return over a 10 year period. Theseforecasts have been relatively reliable through history and are useful for investors who, understandably, are looking at short-term volatility and thinking there is no hope in predicting long-term patterns.