Why long-term investors should make peace with bear markets and market downturns
Investors should anticipate an equity market decline of at least 10% every 18 months, and a drop of at least 20% every five years.
Conventional wisdom says that living expenses rise uniformly with inflation, so many financial plans are based simply on that. But analysing the spending patterns of retirees shows us that the data tells a different story.
Read moreInvestors should anticipate an equity market decline of at least 10% every 18 months, and a drop of at least 20% every five years.