This chart is for illustrative purposes only. It does not constitute investment advice and must not be relied on as such. Assumes reinvestment of all income and no transaction costs or taxes. The Balanced Portfolio consists of 10% T-Bills, 35% bonds and 55% U.S. stocks. The Balanced Portfolio is neither a real, nor recommended portfolio. It was rebalanced each January. All investment returns are compound annual returns.
Sources: Data as of 12/31/2020. Morningstar Direct. Federal Reserve Bank of St. Louis. American Century Investments®. U.S. Stocks data: S&P 500® Index, U.S. Bond data: Bloomberg Barclays U.S. Aggregate Bond Index, T-Bills data: 3-Month Treasury Bill: Secondary Market Rate represents the average interest rate at which Treasury bills with a 3-month maturity are sold on the secondary market.
Stock and bond returns assume reinvestment of all income. Past performance is not an indicator of future performance.