Today I want to tell you about a deadly retirement-planning mistake millions of Americans are making right now—and five stocks you need to weed out of your portfolio yesterday. More on those in a moment. First, the miscalculation, which comes down to a single figure: 7%. That’s the average annualized return most people expect from their stock portfolios over the long haul, and with good reason: it’s just below the 7.9% the S&P 500 returned every year, on average, from 1985 to 2015. But even with a timeframe that long, you need to remember a disclaimer you’ll find in just about every mutual fund prospectus: “past performance does not guarantee future results.” A Worrying Forecast In April, the McKinsey Global Research Institute released a report warning that the 30-year run of near-8% annualized returns will soon be a memory. ... Read more