Asset Allocation Calculator

The percentage splits come from Age and Risk Tolerance alone and are the same whether the portfolio is worth $10,000 or $10 million. Portfolio Value only enters the calculation afterward, when converting those percentages into Stock Amount ($) and Bond Amount ($) -- the dollar figures scale directly with portfolio size even though the percentages do not.

Each step on the five-point Risk Tolerance scale shifts the stock allocation by 10 percentage points relative to the age-based baseline -- Very Aggressive adds 20 points, Aggressive adds 10, Moderate adds none, Conservative subtracts 10, and Very Conservative subtracts 20 -- before the result is clamped between a 10% floor and a 100% ceiling in stocks.

No -- they are a weighted average of assumed long-run figures for stocks and bonds applied to your specific allocation percentages, not a forecast. Real market returns and volatility vary substantially from any single historical assumption, and this calculator does not model economic cycles, sequence-of-returns risk, or asset classes beyond a simple stock/bond split. Expected Volatility specifically is a plain weighted average of the assumed stock and bond volatility figures, not a true portfolio standard deviation -- it does not account for the correlation between stocks and bonds. Because diversification generally reduces combined portfolio risk below the simple weighted average of its parts, treat this number as a rough upper bound rather than a precise risk estimate.

This calculator applies a fixed 70/30 domestic-to-international split to whatever total stock percentage the age and risk-tolerance formula produces, rather than deriving that ratio from any input you control. Investors who want a different domestic/international mix would need to adjust their actual holdings independently of this calculator's sub-allocation figures.