Choose the risk tolerance that most closely resembles the asset allocation of your current retirement portfolio.

Based on long-term risk and return expectations, the Schwab Center for Financial Research® estimates the following average annual returns* for each risk tolerance (asset allocation):

Conservative: Moderately Conservative: Moderate: Moderately Aggressive: Aggressive:

4.3% 5.4% 6.4% 7.2% 7.9%

Caution
This assessment could be affected if your actual holdings don't match the risk tolerance you select. Choosing an asset allocation with a higher estimated return may result in significantly more portfolio risk and a lower likelihood of achieving your retirement goals.

*These average annual returns were last updated 12/31/10, are expressed in nominal geometric (compound) terms and are not guaranteed. Your portfolio can also have negative annual returns. Learn more.