The End of a Golden Era For Investors

Here’s a story from Bloomberg: That doesn’t sound good. Here’s the main argument: Turning 30 just got a lot scarier. A coming collapse in investment returns means that people that age today will have to work seven years longer or save almost twice as much to end up with the same nest egg as those of roughly a generation ago. So says the research arm of McKinsey & Co. in a new report that argues that...