Historical Market Returns

IndexPeriodCAGR (nominal)CAGR (real, after inflation)
S&P 5001928-2024~10%~7%
NASDAQ Composite1985-2024~11.5%~8.5%
Dow Jones1928-2024~9.5%~6.5%
International (MSCI EAFE)1970-2024~8%~5%

Dividends: The Silent Contributor