Graham 50/50
The default Benjamin Graham recommended: half stocks, half bonds. Also the mix in Bengen’s 4% rule study.
What it holds
| Asset | Share |
|---|---|
| US stocks, whole market | 50% |
| US 10-year Treasury bonds | 50% |
How it did, 1926-07 to 2026-09
5.1%
Per year after inflation (8.2% before)
9.6%
Volatility
-37%
Worst drop, 1972 to 1974
3.82%
Safe withdrawal rate over 30 years, 4.57% over 20
Best and worst calendar years
| Best | Return |
|---|---|
| 1933 | +38.6% |
| 1982 | +33.2% |
| 1995 | +30.6% |
| 1985 | +29.7% |
| 1991 | +24.9% |
| Worst | Return |
|---|---|
| 1931 | −21.6% |
| 1937 | −16.6% |
| 2022 | −16.1% |
| 1930 | −12.9% |
| 1974 | −12.3% |
Open in the backtest tool Test a withdrawal rate
US dollars, rebalanced yearly, before tax and fund costs. Past results are not a promise about the future, and nothing here is investment advice.