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The Risk Associated with Equities and How to Evaluate the Financial Health of Retirement Systems (PDF)
Center for Retirement Research [CRR] at Boston College 
Jan. 28, 2005
11 pages. Excerpt: [T]his brief does three things. First, it describes how equities have performed over the last 75 years. Second, it explains how economists, accountants, and actuaries handle the high returns/high risks associated with equities in the real world. Finally, it explores the implications of the risk discussion for evaluating Social Security reform proposals.
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