Target Return Portfolios ( Highest Probability/Lowest Risk)

	YTD(12/31/00) Return	Weight	Weighted Return

12% Target Return
Vanguard Total Stock Market Index	-10.6%	50%	-5.3%
Vanguard European Stock Index	-8.2%	25%	-2.1%
Vanguard Emerging Markets Stock Index	-27.6%	10%	-2.8%
Vanguard REIT Index	26.3%	5%	1.3%
Vanguard High-Yield Corporate Growth	-1.0%	10%	-0.1%
			-8.9%

10% Target Return
Vanguard Total Stock Market Index	-10.6%	50%	-5.3%
Vanguard European Stock Index	-8.2%	25%	-2.1%
Vanguard Total Bond Market Index	11.3%	15%	1.7%
Vanguard High-Yield Corporate Bond	-1.0.%	10%	-0.1%
			-5.8%

8% Target Return
Vanguard Total Stock Market Index	-10.6%	50%	-5.3%
Vanguard European Stock Index	-8.2%	15%	-1.2%
Vanguard Total Bond Market Index	11.3%	25%	2.8%
Vanguard High-Yield Corporate Bond	-1.0%	10%	-0.1%
			-3.8%

6% Target Return
Vanguard Total Stock Market Index	-10.6%	25%	-2.7%
Vanguard European Stock Index	-8.2%	3%	-0.2%
Vanguard Total Bond Market Index	11.3%	50%	5.7%
Vanguard High-Yield Corporate Bond	-1.0%	10%	-0.1%
T.Rowe Price International Bond	-3.2%	12%	-0.4%
			2.3%