U should make more in the last years of your Snowball, whatever time frame u use, so that’s why lifestyling is detrimental to your final retirement ‘pension’.
Remember falling markets are a plus as the price of Investment Trusts fall the yield rises.
Note: although it’s possible to have a Snowball yielding 8% at present it may not be possible to re-invest your dividends at the same rate.
In a rising market your Trusts should increase in value and u may be able to re-invest any profits back into your Snowball, thus achieving 8% compound growth. Of course any Trusts already in you Snowball will return the same amount of dividends gently increasing, hopefully, overtime.
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