The MEC is pushing the 5% return of the MBCBP and in their latest update used it to estimate 16% DC retirement, which amounts to around 30-40% FAE. IMO, a 5% return over a long career is a very poor return that yields essentially 0% after inflation. A conservative 60/40 portfolio has averages 9% since 1928 and 6% after inflation. Wanted to see what others thought about the latest update.

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