67% of stocks would underperform theRussell 3000. The index returns (and thus those of a mutual fund tracking the index) heavily depend on the relatively few winners for their gains. By only owning one or a few stocks, your risk of missing out on those winners is quite high. Evenactively...
we model a 30 year retirement that begins in 1926. We withdraw the initial 4% for spending, adjust the stock and bond values based on market returns for the year, add dividend and interest income, and rebalance to the original asset allocation. Then we repeat for Year 2,...