Source: Schwab Center for Financial Research. Initial withdrawal rates are based on scenario analysis using CSIM’s 2024 10-year long-term return estimates. They are updated annually, based on interest rates and other factors, and withdrawal rates are updated accordingly.¹ Moderately Aggressive asset allocation was removed as it is generally not recommended for a 30-year time period. This hypothetical example is only for illustrative purposes. See the disclosures below for a summary of the Moderate, Moderately Conservative, and Conservative asset allocations.