Originally Posted by willflyforfud

But.. your 401k annualized returns ARE affected.
quote from googling:
"The average yearly return of the S&P 500 is 9.862% over the last 30 years, as of the end of September 2023. This assumes dividends are reinvested. Adjusted for inflation, the 30-year average stock market return (including dividends) is 7.146%.Oct 24, 2023"

so people likely aren't going to earn 10.5 over their career.