35
45%/55%
35%/65%
%
Stocks
Bonds
35%/65%
Stocks
60
Individual Investors' Return Expectations
%
60%/40%
70%/30%
65
Mix
60%/40%
40%/60%
Select desired mix to reveal required equity returns
55
More
Stocks
55%/45%
Mix
%
Stocks
50%/50%
%
50%/50%
70%/30%
Mix
Stocks
70%/30%
55%/45%
35%/65%
30%/70%
Select desired mix to reveal required equity returns
Individual Investors' Return Expectations
Select desired mix to reveal required equity returns
Select desired mix to reveal required equity returns
65%/35%
11.7%
%
50%/50%
35
Mix
50%/50%
Mix
Bonds
Stocks
Bonds
Bonds
35%/65%
30%/70%
More
Stocks
Individual Investors' Return Expectations
More
Stocks
30
More
Stocks
40%/60%
%
40
%
Mix
55%/45%
60%/40%
Mix
55
50%/50%
Individual Investors' Return Expectations
Equity return
to reach 11.7%
More
Stocks
%
30%/70%
Select desired mix to reveal required equity returns
40%/60%
%
More
Stocks
More
Stocks
65%/35%
Select desired mix to reveal required equity returns
Select desired mix to reveal equity
Bonds
30%/70%
15.6
45
Bonds
More
Stocks
Mix
Stocks
Select desired mix to reveal required equity returns
35%/65%
70%/30%
70
%
Select desired mix to reveal required equity returns
Individual Investors' Return Expectations
70%/30%
11.7%
Individual Investors' Return Expectations
Select desired mix to reveal required equity returns
Bonds
%
65%/35%
More
Stocks
Equity return
to reach 11.7%
65%/35%
%
30
%
40%/60%
55%/45%
%
60%/40%
%
%
35%/65%
70
Select desired mix to reveal required equity returns
11.7%
%
70%/30%
%
30%/70%
More
Stocks
60%/40%
11.7%
Mix
50%/50%
Mix
Bonds
65%/35%
55%/45%
Equity return
to reach 11.7%
35%/65%
%
Mix
11.7%
30%/70%
%
%
60%/40%
50%/50%
Mix
Select desired mix to reveal required equity returns
50%/50%
11.7%
30%/70%
Individual Investors' Return Expectations
Individual Investors' Return Expectations
60%/40%
%
60%/40%
17.8
%
45%/55%
%
Select desired mix to reveal equity
35
40%/60%
Individual Investors' Return Expectations
35%/65%
70%/30%
Equity return
to reach 6.7%
Stocks
Bonds
35%/65%
%
Bonds
65%/35%
%
40%/60%
60%/40%
More
Stocks
50
55%/45%
45
Mix
30%/70%
Mix
65%/35%
Individual Investors' Return Expectations
70
More
Stocks
65
Mix
30%/70%
%
Bonds
%
Click the arrows to explore
stock/bond splits to reveal
the required equity returns
65
Select desired mix to reveal required equity returns
Select desired mix to reveal required equity returns
Individual Investors' Return Expectations
60%/40%
%
Stocks
Individual Investors' Return Expectations
Individual Investors' Return Expectations
Select desired mix to reveal required equity returns
45%/55%
Individual Investors' Return Expectations
55%/45%
Individual Investors' Return Expectations
Individual Investors' Return Expectations
%
Individual Investors' Return Expectations
Stocks
50
Individual Investors' Return Expectations
Stocks
65%/35%
Individual Investors' Return Expectations
Mix
Individual Investors' Return Expectations
Individual Investors' Return Expectations
35
Individual Investors' Return Expectations
%
Individual Investors' Return Expectations
Individual Investors' Return Expectations
70%/30%
Individual Investors' Return Expectations
Individual Investors' Return Expectations
Individual Investors' Return Expectations
Individual Investors' Return Expectations
Individual Investors' Return Expectations
Stocks
Individual Investors' Return Expectations
Stocks
%
Bonds
55%/45%
40%/60%
45%/55%
30
11.7%
Individual Investors' Return Expectations
40
%
60
55
More
Stocks
45%/55%
40%/60%
%
%
Individual Investors' Return Expectations
Stocks
Bonds
60%/40%
Individual Investors' Return Expectations
Select desired mix to reveal required equity returns
50%/50%
%
45%/55%
45%/55%
20.9
Stocks
Equity return
to reach 6.7%
%
Mix
55%/45%
Equity return
to reach 6.7%
Equity return
to reach 6.7%
%
Bonds
%
30%/70%
%
35%/65%
32.2
40%/60%
More
Stocks
More
Stocks
%
45%/55%
Equity return
to reach 11.7%
Bonds
11.7%
45
11.7%
Individual Investors' Return Expectations
Select desired mix to reveal equity
%
70%/30%
Bonds
Stocks
65%/35%
65
55%/45%
More
Stocks
More
Stocks
Stocks
%
%
%
Select desired mix to reveal required equity returns
50%/50%
More
Stocks
Individual Investors' Return Expectations
%
Mix
%
30%/70%
65%/35%
%
25.5
16.5
40%/60%
%
40%/60%
Equity return
to reach 11.7%
Bonds
45%/55%
45%/55%
Mix
Select desired mix to reveal required equity returns
35%/65%
Bonds
%
45%/55%
%
Bonds
Stocks
50%/50%
Mix
Select desired mix to reveal equity
55%/45%
Mix
65%/35%
Mix
70%/30%
Bonds
30%/70%
40
%
35%/65%
50%/50%
22.9
55%/45%
Stocks
Stocks
Equity return
to reach 6.7%
Stocks
Bonds
6.7%
Stocks
65%/35%
30
Bonds
55%/45%
Bonds
60%/40%
Stocks
14.5
Mix
Stocks
Select desired mix to reveal equity
Bonds
30%/70%
65%/35%
%
Bonds
%
Institutional Investors' Return Expectations
65%/35%
6.7%
Institutional Investors' Return Expectations
Bonds
Mix
50
60%/40%
6.7%
45%/55%
35%/65%
10.9
55%/45%
Stocks
40%/60%
Stocks
70%/30%
%
6.7%
Institutional Investors' Return Expectations
30%/70%
65%/35%
%
More
Bonds
Select desired mix to reveal required equity returns
55
30%/70%
Stocks
55%/45%
Institutional Investors' Return Expectations
Stocks
70%/30%
60
60%/40%
Click the arrows to explore
stock/bond splits to reveal
the required equity returns
%
13.0
More
Bonds
Stocks
Equity return
to reach 11.7%
Click the arrows to explore
stock/bond splits to reveal
the required equity returns
Stocks
Stocks
55%/45%
45%/55%
Stocks
Bonds
45%/55%
6.7%
More
Bonds
%
Equity return
to reach 11.7%
60%/40%
65%/35%
15.6
Click the arrows to explore
stock/bond splits to reveal
the required equity returns
Click the arrows to explore
stock/bond splits to reveal
the required equity returns
28.8
45%/55%
65%/35%
Stocks
70%/30%
50%/50%
Stocks
Click the arrows to explore
stock/bond splits to reveal
the required equity returns
Bonds
More
Bonds
Institutional Investors' Return Expectations
Bonds
Bonds
70%/30%
6.7%
%
50%/50%
60
Institutional Investors' Return Expectations
40%/60%
30%/70%
16.7
Equity return
to reach 11.7%
35
30%/70%
Select desired mix to reveal equity
%
45
Equity return
to reach 11.7%
55%/45%
65%/35%
Bonds
Stocks
55%/45%
Click the arrows to explore
stock/bond splits to reveal
the required equity returns
Bonds
More
Bonds
%
More
Bonds
45
Bonds
More
Bonds
Stocks
Bonds
45%/55%
Institutional Investors' Return Expectations
%
Equity return
to reach 11.7%
70
Bonds
50%/50%
More
Bonds
35%/65%
Stocks
%
More
Bonds
60%/40%
Bonds
70%/30%
55%/45%
Stocks
Bonds
30
Stocks
%
45%/55%
More
Bonds
Stocks
50
Click the arrows to explore
stock/bond splits to reveal
the required equity returns
60
30%/70%
19.2
Bonds
Equity return
to reach 11.7%
Institutional Investors' Return Expectations
Equity return
to reach 6.7%
Equity return
to reach 11.7%
35%/65%
9.5
%
8.5
65%/35%
%
35%/65%
Equity return
to reach 11.7%
70%/30%
40%/60%
%
Mix
6.7%
6.7%
30%/70%
Institutional Investors' Return Expectations
70%/30%
Stocks
%
65%/35%
70
Select desired mix to reveal equity
60%/40%
%
Stocks
Equity return
to reach 11.7%
Institutional Investors' Return Expectations
Bonds
45%/55%
10.1
40%/60%
Click the arrows to explore
stock/bond splits to reveal
the required equity returns
Equity return
to reach 6.7%
45
Equity return
to reach 11.7%
Stocks
50%/50%
Equity return
to reach 6.7%
70%/30%
35
40
More
Bonds
16.7
50%/50%
Institutional Investors' Return Expectations
%
40%/60%
40%/60%
Stocks
Bonds
30%/70%
Mix
Stocks
Stocks
50
65
70%/30%
45%/55%
Stocks
Select desired mix to reveal required equity returns
50%/50%
Stocks
60%/40%
Stocks
40%/60%
%
Click the arrows to explore
stock/bond splits to reveal
the required equity returns
Stocks
9.0
65
%
Bonds
45%/55%
Institutional Investors' Return Expectations
11.8
40
35%/65%
Equity return
to reach 11.7%
60%/40%
60
More
Bonds
Equity return
to reach 6.7%
35%/65%
More
Bonds
55
55%/45%
55
35%/65%
Institutional Investors' Return Expectations
%
Bonds
Bonds
Institutional Investors' Return Expectations
Click the arrows to explore
stock/bond splits to reveal
the required equity returns
50
Click the arrows to explore
stock/bond splits to reveal
the required equity returns
Institutional Investors' Return Expectations
Bonds
20.9
40%/60%
Institutional Investors' Return Expectations
More
Bonds
50%/50%
%
Institutional Investors' Return Expectations
Institutional Investors' Return Expectations
25.5
Institutional Investors' Return Expectations
Institutional Investors' Return Expectations
40
Click the arrows to explore
stock/bond splits to reveal
the required equity returns
Stocks
%
Equity return
to reach 11.7%
%
50%/50%
Bonds
Stocks
%
30
60%/40%
Click the arrows to explore
stock/bond splits to reveal
the required equity returns
Bonds
Equity return
to reach 11.7%
Bonds
Stocks
Bonds
More
Bonds
%
%
Bonds
70%/30%
Click the arrows to explore
stock/bond splits to reveal
the required equity returns
35%/65%
%
6.7%
Institutional Investors' Return Expectations
Bonds
28.8
Bonds
22.9
More
Bonds
More
Bonds
Bonds
40%/60%
17.8
32.2
Bonds
70
Click the arrows to explore
stock/bond splits to reveal
the required equity returns
Institutional Investors' Return Expectations
19.2
Click the arrows to explore
stock/bond splits to reveal
the required equity returns
Institutional Investors' Return Expectations
Stocks
Institutional Investors' Return Expectations
Institutional Investors' Return Expectations
%
Institutional Investors' Return Expectations
Institutional Investors' Return Expectations
Institutional Investors' Return Expectations
Institutional Investors' Return Expectations
More
Bonds
Institutional Investors' Return Expectations
Institutional Investors' Return Expectations
Institutional Investors' Return Expectations
Institutional Investors' Return Expectations
Institutional Investors' Return Expectations
Click the arrows to explore
stock/bond splits to reveal
the required equity returns
Institutional Investors' Return Expectations