Posted: Mon Oct 18, 2004 9:38 am
The bottom end projected 15 year returns are rather abysmal. Most planners seem to look at the 30 year numbers when making recommendations. Those facing a 15 year retirement would gain little from equities compared to the risk.15-Year Stock Returns
I don't find the S&P attractive at today's valuations.It takes unusual circumstances for stocks to be attractive at today's valuations.
At least if the only two options are S&P or fixed income.A switching allocation of 100% makes sense.