gerri: i am gerri wollastonite is a special edition of "the willis report" as hispanics our giving advice on the confusing topic of retirement. talk about the classic 4% and if it should be changed. ways to double the next day but a person has been a record year for stocks hitting new highs. but how high can they go before the next direction and how should small investors handle their portfolios? recently i spoke with the founder of the of vanguard group and bother of index funds for his stake. >> don't take for granted it will continue. expect over the next decade no point to look shorter. the returns will be lower than historical norms that is around 9 percent per year for stocks i think maybe six or 7 percent is more likely over the next decade. but i think it is highly likely that rational expectations for stocks in the range of six or 7 percent will be better than the returns on bonds. we have to hold them we need the protection. stocks will do around twice that well so don't get out of the market. we prepared for big bombs. i cannot tell a field of 25%. i cannot say that. gerri: new

gerri: i am gerri wollastonite is a special edition of "the willis report" as hispanics our giving adviceng topic of retirement. talk about the classic 4% and if it should be changed. ways to double the next day but a person has been a record year for stocks hitting new highs. but how high can they go before the next direction and how should small investors handle their portfolios? recently i spoke with the founder of the of vanguard group and bother of index funds for his stake. >> don't take for granted it will continue.