1. Different rates of return. Over your future investing life, assume stocks will earn 8% and bonds will earn 3%. So, a 100% stock portfolio will earn 8% and a 50% stock portfolio will earn 5.5%.

1. Using these returns and assuming a 100% stock portfolio, if you save $5500/year for the next 45 years, how much will you have at the end of the saving period?
2. Now assume an 80% stock portfolio. How much will you have at the end of the saving period?
3. Now assume a 60% stock portfolio. How much will you have at the end of the saving period?
4. Now assume a 40% stock portfolio. How much will you have at the end of the saving period?