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Life Study CPI With Dividends
Life Study CPI With Dividends
Life Study CPI With Dividends
All Stocks
Stocks + Bonds
3,000,000
Chart shows CPI-adjusted final retirement savings with 10% invested per month,
using median US income 1913 to present. Assumes a 20 year old begins
investing 10% per month and retires at 65. Chart begins with a person that
started work in 1913 and retired in 1958 (45 years) .
2,500,000
The line on top shows which method produced the best return.
2,000,000
1,500,000
1,000,000
500,000
- The Mattress line simply shows saving 10% per month and doing nothing.
- All stocks line shows retirement using S&P Composite performance .
- All bonds line shows retirement using 10 year bond performance.
- The stocks and bonds line combines a proportion of stocks to bonds using 100
less age to allocate toward stocks (100 - 20 = 80% toward stocks in year 1).
Stocks outperformed bonds 36 to 19 years.
All Bonds
Mean
1,000,000
800,000
Blue line depicts how much Stocks were either above or below bonds at the end of the 45
year investment. Any number above 0 reflects total amount of dollars that stocks beat
bonds . Any number below 0 shows the total amount in dollars that bonds beat stocks.
897,563
400,000
342,107
200,000
-200,000
-400,000
When stocks beat bonds, they normally beat bonds by a mean of $224,099.
-334,330
When bonds beat stocks, they normally beat stocks by a mean of $164,166.
-600,000
-800,000
-536,590
All Stocks
All Bonds
400,000
350,000
300,000
250,000
200,000
150,000
100,000
50,000
450,000
400,000
350,000
300,000
250,000
200,000
150,000
100,000
50,000
All Stocks
Stocks + Bonds
All Bonds
450,000
400,000
350,000
300,000
250,000
200,000
150,000
100,000
50,000
All Stocks
Stocks + Bonds
All Bonds
450,000
400,000
350,000
300,000
250,000
200,000
150,000
100,000
50,000
All Stocks
All Bonds
500,000
450,000
400,000
350,000
300,000
250,000
200,000
150,000
100,000
50,000
All Stocks
All Bonds
500,000
450,000
400,000
350,000
300,000
250,000
200,000
150,000
100,000
50,000
All Stocks
All Bonds
500,000
450,000
400,000
350,000
300,000
250,000
200,000
150,000
100,000
50,000
All Stocks
All Bonds
600,000
500,000
400,000
300,000
200,000
100,000
All Stocks
All Bonds
600,000
500,000
400,000
300,000
200,000
100,000
All Stocks
All Bonds
600,000
500,000
400,000
300,000
200,000
100,000
All Stocks
All Bonds
600,000
500,000
400,000
300,000
200,000
100,000
All Stocks
All Bonds
700,000
600,000
500,000
400,000
300,000
200,000
100,000
All Stocks
All Bonds
600,000
500,000
400,000
300,000
200,000
100,000
All Stocks
All Bonds
600,000
500,000
400,000
300,000
200,000
100,000
All Stocks
All Bonds
600,000
500,000
400,000
300,000
200,000
100,000
All Stocks
All Bonds
700,000
600,000
500,000
400,000
300,000
200,000
100,000
All Stocks
All Bonds
600,000
500,000
400,000
300,000
200,000
100,000
All Stocks
All Bonds
700,000
600,000
500,000
400,000
300,000
200,000
100,000
All Stocks
All Bonds
600,000
500,000
400,000
300,000
200,000
100,000
All Stocks
All Bonds
600,000
500,000
400,000
300,000
200,000
100,000
All Stocks
All Bonds
600,000
500,000
400,000
300,000
200,000
100,000
All Stocks
All Bonds
600,000
500,000
400,000
300,000
200,000
100,000
All Stocks
All Bonds
600,000
500,000
400,000
300,000
200,000
100,000
All Stocks
All Bonds
700,000
600,000
500,000
400,000
300,000
200,000
100,000
All Stocks
All Bonds
700,000
600,000
500,000
400,000
300,000
200,000
100,000
All Stocks
All Bonds
800,000
700,000
600,000
500,000
400,000
300,000
200,000
100,000
All Stocks
All Bonds
900,000
800,000
700,000
600,000
500,000
400,000
300,000
200,000
100,000
All Stocks
All Bonds
900,000
800,000
700,000
600,000
500,000
400,000
300,000
200,000
100,000
All Stocks
All Bonds
1,000,000
900,000
800,000
700,000
600,000
500,000
400,000
300,000
200,000
100,000
All Stocks
All Bonds
1,200,000
1,000,000
800,000
600,000
400,000
200,000
All Stocks
All Bonds
1,400,000
1,200,000
1,000,000
800,000
600,000
400,000
200,000
All Stocks
All Bonds
1,200,000
1,000,000
800,000
600,000
400,000
200,000
All Stocks
All Bonds
1,400,000
1,200,000
1,000,000
800,000
600,000
400,000
200,000
All Stocks
All Bonds
1,400,000
1,200,000
1,000,000
800,000
600,000
400,000
200,000
All Stocks
All Bonds
1,400,000
1,200,000
1,000,000
800,000
600,000
400,000
200,000
All Stocks
All Bonds
1,600,000
1,400,000
1,200,000
1,000,000
800,000
600,000
400,000
200,000
All Stocks
All Bonds
1,600,000
1,400,000
1,200,000
1,000,000
800,000
600,000
400,000
200,000
All Stocks
All Bonds
1,600,000
1,400,000
1,200,000
1,000,000
800,000
600,000
400,000
200,000
All Stocks
All Bonds
1,600,000
1,400,000
1,200,000
1,000,000
800,000
600,000
400,000
200,000
All Stocks
All Bonds
1,800,000
1,600,000
1,400,000
1,200,000
1,000,000
800,000
600,000
400,000
200,000
All Stocks
All Bonds
2,500,000
2,000,000
1,500,000
1,000,000
500,000
All Stocks
All Bonds
2,500,000
2,000,000
1,500,000
1,000,000
500,000
All Stocks
All Bonds
3,000,000
2,500,000
2,000,000
1,500,000
1,000,000
500,000
All Stocks
All Bonds
3,000,000
2,500,000
2,000,000
1,500,000
1,000,000
500,000
All Stocks
All Bonds
3,000,000
2,500,000
2,000,000
1,500,000
1,000,000
500,000
All Stocks
All Bonds
2,500,000
2,000,000
1,500,000
1,000,000
500,000
All Stocks
All Bonds
2,500,000
2,000,000
1,500,000
1,000,000
500,000
All Stocks
All Bonds
2,500,000
2,000,000
1,500,000
1,000,000
500,000
All Stocks
All Bonds
2,500,000
2,000,000
1,500,000
1,000,000
500,000
All Stocks
All Bonds
2,000,000
1,800,000
1,600,000
1,400,000
1,200,000
1,000,000
800,000
600,000
400,000
200,000
All Stocks
All Bonds
2,500,000
2,000,000
1,500,000
1,000,000
500,000
All Stocks
All Bonds
2,000,000
1,800,000
1,600,000
1,400,000
1,200,000
1,000,000
800,000
600,000
400,000
200,000
All Stocks
All Bonds
2,000,000
1,800,000
1,600,000
1,400,000
1,200,000
1,000,000
800,000
600,000
400,000
200,000
All Stocks
All Bonds
1,800,000
1,600,000
1,400,000
1,200,000
1,000,000
800,000
600,000
400,000
200,000
All Stocks
All Bonds
1,800,000
1,600,000
1,400,000
1,200,000
1,000,000
800,000
600,000
400,000
200,000
All Stocks
All Bonds
1,800,000
1,600,000
1,400,000
1,200,000
1,000,000
800,000
600,000
400,000
200,000
All Stocks
All Bonds
1,600,000
1,400,000
1,200,000
1,000,000
800,000
600,000
400,000
200,000
All Stocks
All Bonds
1,600,000
1,400,000
1,200,000
1,000,000
800,000
600,000
400,000
200,000
All Stocks
All Bonds
1,400,000
1,200,000
1,000,000
800,000
600,000
400,000
200,000
All Stocks
All Bonds
1,400,000
1,200,000
1,000,000
800,000
600,000
400,000
200,000
All Stocks
All Bonds
1,400,000
1,200,000
1,000,000
800,000
600,000
400,000
200,000
All Stocks
All Bonds
1,200,000
1,000,000
800,000
600,000
400,000
200,000
All Stocks
All Bonds
1,200,000
1,000,000
800,000
600,000
400,000
200,000
All Stocks
All Bonds
1,000,000
900,000
800,000
700,000
600,000
500,000
400,000
300,000
200,000
100,000
All Stocks
All Bonds
900,000
800,000
700,000
600,000
500,000
400,000
300,000
200,000
100,000
All Stocks
All Bonds
800,000
700,000
600,000
500,000
400,000
300,000
200,000
100,000
All Stocks
All Bonds
800,000
700,000
600,000
500,000
400,000
300,000
200,000
100,000
All Stocks
All Bonds
700,000
600,000
500,000
400,000
300,000
200,000
100,000
All Stocks
All Bonds
600,000
500,000
400,000
300,000
200,000
100,000
All Stocks
All Bonds
600,000
500,000
400,000
300,000
200,000
100,000
All Stocks
All Bonds
500,000
450,000
400,000
350,000
300,000
250,000
200,000
150,000
100,000
50,000
All Stocks
All Bonds
450,000
400,000
350,000
300,000
250,000
200,000
150,000
100,000
50,000
All Stocks
All Bonds
400,000
350,000
300,000
250,000
200,000
150,000
100,000
50,000
All Stocks
All Bonds
350,000
300,000
250,000
200,000
150,000
100,000
50,000
All Stocks
All Bonds
300,000
250,000
200,000
150,000
100,000
50,000
All Stocks
All Bonds
300,000
250,000
200,000
150,000
100,000
50,000
All Stocks
All Bonds
250,000
200,000
150,000
100,000
50,000
All Stocks
All Bonds
250,000
200,000
150,000
100,000
50,000
All Stocks
All Bonds