Morningstar summarizes the predictions for equities and bonds in a lead article: click here to read the somewhat gloomy returns predicted. Other experts, of course, disagree. Someone once defined an expert to me as “some SOB from out of town with a briefcase and a glitzy PowerPoint presentation.” Well, what’s your prediction? If it’s 4% for equities and 3% for bonds over the next 10 years, it’s going to be rough going for a lot of retirees.