Financial Planning for Another 'Lost Decade'

Investors have gotten used to hot returns over the years. What happens if stocks are flat (or worse) for years to come? That's a scary thought for those near retirement, but luckily there are some things you have control over. Here are some steps to consider taking now.

The U.S. stock market was on a roll over the past decade. The S&P 500 was up every single year since 2009 other than one (i.e. 2018) and has produced annualized returns of approximately 13% from the beginning of 2009 through the end of 2019. It has been a wonderful ride for anyone who has been a long-term buy and hold investor in U.S. equities over the past decade. However, the question on the mind of every realistic investor is, “What if the next decade produces much lower returns?” This possibility should disturb investors far more than a recession or bear market.

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Jonathan I. Shenkman, AIF®
President and Chief Investment Officer, ParkBridge Wealth Management

Jonathan I. Shenkman, AIF®, is the President and Chief Investment Officer of ParkBridge Wealth Management and serves as a financial adviser and portfolio manager for his clients. In this role, he acts in a fiduciary capacity to help his clients achieve their financial goals.