The right return

QUESTION: I always hear financial advisers say, “If you assume an 8 percent to 10 percent annual return in your 401(k)…” before they go on to tell you how much you’ll have when you retire. All the 401(k)s I’ve ever participated in have hovered around the 1 percent to 2 percent range if not negative territory. As far as I can tell, the numbers are fantasy. Am I missing something? - Jordan P., Cincinnati, Ohio

Unfriendly Skies
I don’t share the recent enthusiasm over the prospects for the airline sector.

After the Pause
The Fed has never resumed rate hikes after pausing. Prepare your portfolio accordingly.