Expectations directly influence decision-making. It is natural for each of us to be influenced by the environment around us. Currently, strong equity markets and relatively low volatility are shaping investor’s return expectations. Periodically, expectations of the future can become detached from what is realistic. This usually occurs when an environment moves to an extreme, or in today’s case as we move into the later stages of a lengthy economic cycle. Protecting your family’s assets involves adopting realistic expectations and remaining disciplined.