These returns are before taxes. There is no inflation discount on taxes so your real after tax returns can be negative with a 1% nominal ROI.
Further people don't really invest all their money in year X, and then take it all out in year Y. Cost dollar averaging helps returns and needing to take money out to live off of in down years hurts returns.
Finally the baseline is not the mattress strategy, it's spending all your money now and investing nothing.
Further people don't really invest all their money in year X, and then take it all out in year Y. Cost dollar averaging helps returns and needing to take money out to live off of in down years hurts returns.
Finally the baseline is not the mattress strategy, it's spending all your money now and investing nothing.