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by Nokinside 3034 days ago
It's important to remember that it's average return over long term. There can be long dry periods.

https://finance.yahoo.com/quote/^SP500TR/chart?p=^SP500TR

SP500TR annualized return between 1998 - 2011 was just 2% (before inflation)

If you bought AMZN (Amazon) in 2000, you had to wait until 2010 before the price recovered.

It's important to save over long time and reduce risk before retirement.