1. © 2015 Morningstar. All Rights Reserved. Investing for Retirement

2. Advantages of 401(k) Investing © 2015 Morningstar. All Rights Reserved.  Participant control  Amount invested  Asset mix  Ownership of assets  Pre-tax investing  Tax deferral  Tailored investment plan

3. Most Americans Are Not Saving Enough for Retirement Personal savings rate 1947–2014 © 2015 Morningstar. All Rights Reserved.

4. The Earlier You Start Investing, the Easier It Is to Reach Your Goals Monthly savings needed to accumulate $1 million by age 65 This is for illustrative purposes only and not indicative of any investment. © 2015 Morningstar. All Rights Reserved.

5. Ibbotson ® SBBI ® Stocks, Bonds, Bills, and Inflation 1926–2014 Past performance is no guarantee of future results. Hypothetical value of $1 invested at the beginning of 1926. Assumes reinvestment of income and no transaction costs or taxes. This is for illustrative purposes only and not indicative of any investment. An investment cannot be made directly in an index. © 2015 Morningstar. All Rights Reserved.

6. Taxes Significantly Reduce Returns 1926–2014 Past performance is no guarantee of future results. This is for illustrative purposes only and not indicative of any investment. An investment cannot be made directly in an index. © 2015 Morningstar. All Rights Reserved.

7. The Case for Diversifying 2005–2014 Past performance is no guarantee of future results. *The return of the portfolio is higher than the returns of the constituent asset classes due to a phenomenon called “the rebalancing bonus,” which occurred due to the unusual behavior of stocks and bonds over the time period analyzed. This is for illustrative purposes only and not indicative of any investment. An investment cannot be made directly in an index. © 2015 Morningstar. All Rights Reserved.

8. Stocks and Bonds: Risk Versus Return 1970–2014 Past performance is no guarantee of future results. Risk and return are measured by standard deviation and arithmetic mean, respectively. This is for illustrative purposes only and not indicative of any investment. An investment cannot be made directly in an index. © 2015 Morningstar. All Rights Reserved.

9. Style Winners and Losers 2005–2014 Past performance is no guarantee of future results. This is for illustrative purposes only and not indicative of any investment. An investment cannot be made directly in an index. The diversified portfolio is equally weighted between the six styles. © 2015 Morningstar. All Rights Reserved.

10. Asset Allocation Risk and Returns Past performance is no guarantee of future results. This is for illustrative purposes only and not indicative of any investment. An investment cannot be made directly in an index. © 2015 Morningstar. All Rights Reserved.