New York (March 29, 2004) — Some 50 percent of retirement plans fail because the real rate of return is not considered, according to Matt Sharpe, senior vice president of retirement income marketing at GE Financial.
"A few years ago, the real rate of return on equities was 10 percent,” Sharpe said. “This is now down to 7 percent, and if you weigh in an inflation of 3 percent, you are really talking about 4 percent."
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