Charts
The same annual real-return data, viewed several ways: what a lump sum grew into, how deep the bad stretches were, what different holding periods and start dates delivered, and — in retirement — how much you can withdraw and how the balances diverge.
These charts pair with the L2 passive-allocation track: come back when you reach the chapters on allocation, drawdowns and rebalancing. The two retirement-withdrawal charts belong with the retirement explainer in the reference library.
Portfolio growthWhat a lump sum actually grew into over history.DrawdownsHow far below the previous peak the portfolio fell, and for how long.Rolling returnsEvery possible N-year window, annualized in real terms.Returns heat mapStart year × holding period, with real annualized returns in every cell.Start-date sensitivityFix a holding period and line up every start year by real annualized return.Withdrawal ratesHow much you can withdraw before the money runs out.Retirement spendingSame rate, different starts — how the balances diverge.