Last week's article about what experts are forecasting for returns for various asset classes can be useful in one of a few different ways.
First, you can look to experts' return expectations to set reasonable return expectations for your own plan. For example, if you're in your 50s and trying to figure out when you can retire and how much you'll have to save before you do, you'll need to plug in some type of a reasonable return assumption for the years leading up to your anticipated retirement date. The forecasts can help you arrive at your own return estimate, factoring in your own portfolio's asset allocation.
Christine Benz has a position in the following securities mentioned above: VTRIX. Find out about Morningstar's editorial policies.