Income 35/65 (Wellesley style)
Roughly a third in stocks and two-thirds in bonds, the split of Vanguard’s Wellesley Income fund. US stocks and 10-year Treasuries stand in for its holdings.
What it holds
| Asset | Share |
|---|---|
| US stocks, whole market | 35% |
| US 10-year Treasury bonds | 65% |
How it did, 1926-07 to 2026-09
4.2%
Per year after inflation (7.3% before)
7.5%
Volatility
-36%
Worst drop, 1972 to 1981
3.68%
Safe withdrawal rate over 30 years, 4.56% over 20
Best and worst calendar years
| Best | Return |
|---|---|
| 1982 | +36.3% |
| 1933 | +30.6% |
| 1985 | +28.9% |
| 1995 | +28.7% |
| 1991 | +22.2% |
| Worst | Return |
|---|---|
| 1931 | −15.0% |
| 2022 | −14.9% |
| 1937 | −10.8% |
| 1930 | −8.2% |
| 1969 | −7.6% |
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.