https://www.live-feeds.com/feed/fidelity-vanguard-issue-the-same-sobering-10-year-outlookContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/fidelity-vanguard-issue-the-same-sobering-10-year-outlookhttps://www.live-feeds.com/feed/fidelity-vanguard-issue-the-same-sobering-10-year-outlook#u195056Wed, 11 Nov 2026 22:30:37 +0000Fidelity and Vanguard have each issued 10-year market outlooks forecasting U.S. equity returns at less than half the historical 10% annual average that many retirement plans assume. Both firms warn that retirees relying on past S&P 500 performance face significant shortfall risk. The congruent forecasts from the two largest U.S. asset managers signal a broad industry shift in return expectations.Why it mattersSince its 1957 inception the S&P 500 has delivered roughly 10% annualized returns, a figure baked into countless financial plans. Fidelity and Vanguard now argue that elevated val