Common aphorisms and assumed truths about stock returns often imply the disappearance of risk over long horizons. Is that accurate?

The aim of this series is to move beyond the simplistic example of goals that exist at a single point in the future to consider retirement, the most common purpose for long-term investing for an individual.

We’ve known for a long time that CPI-adjusted lifetime guarantees are the ultimate bedrock for a secure retirement.

Nearly a year ago, I – provisionally and with qualifications – declared I-Bonds to be the fabled “free lunch” due to the remarkable 9.62% rate they were paying. That rate came down – a lot – so should you still buy them?