Fidelity and Vanguard warn US retirees of lower 10-year stock returns
Major investment firms Fidelity and Vanguard have issued cautious long-term forecasts for US stock returns, significantly below the historical 10% average. Vanguard projects 4.8% to 6.8% annual returns over the next decade, while Fidelity expects 5.8% over 20 years. These lower projections stem from high valuations and reduced growth potential, potentially impacting retirees who relied on higher historical averages for their financial plans.