But other experts say millennials should save much more, up to nearly a quarter of their income, to avoid running out of money in old age if stock market returns fall. (washingtonpost.com)
Also, you might live longer than the average lifespan, which means you would need to live on even less income to avoid running out of money before you die. (mindfullyinvesting.com)
The success rate in avoiding running out of money by holding cash in the last 150 years was 0 % — in my study and others. (edrempel.com)