7% yearly on World ex US

[Dr.PI]

The answer to your question should be here:

Longterm investment returns in various markets

Typically, the FIRE community is very much focussed on the USA, with a lot of FI-methodology being created there and with long-term backtesting data mostly available for the Dow Jones or S&P500 indexes. Credit Suisse has commissioned a yearbook (https://www.credit-suisse.com/media/assets/corporate/docs/about-us/research/publications/credit-suisse-global-investment-returns-yearbook-2023-summary-edition.pdf) where they look at all markets going back as far as 1900 and provide us with real (inflat…

P.S. Everyone keeps talking about Japan, but nobody talks about how bad it could have been to be invested in Austria in 1900! Oh this recency bias!