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Money and Finances
Reply to "Am I doomed? 48 only 100k in 401k"
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[quote=Anonymous]The assumption is that the stock market will keep growing. Every time someone says otherwise, people will quickly remind them that data from X number of years support this. So that's great news for you. Since the market always go up in the long term, it means over the next 17 years, assuming you retire at 65, the stock market will probably return 7% on average. This is guaranteed at least from what I have read here over the years.[/quote]
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