If you've got $500,000 to invest for five years in a 60% stock, 40% bond 
portfolio, you might buy a TIAA-CREF fund and expect returns close to the 
historic 9.8% average for this type of fund. Or you could bet on better returns 
from a higher-cost Goldman fund. Below, you can see the amount you would wind 
up with if the Goldman fund beat TIAA-CREF by one percentage point or two.

                      TIAA-CREF MANAGED  GOLDMAN SACHS GROWTH & INCOME
                       ALLOCATION FUND    STRATEGY PORTFOLIO CLASS A
                                           ---------     ----------
                                           SCENARIO 1    SCENARIO 2
ANNUAL AVERAGE RETURN  9.8%                10.8%         11.8%

TOTAL COSTS*           $15,439             $71,623       $74,914

INVESTMENT VALUE       $782,522            $763,343      $798,418
 AFTER FIVE YEARS


* Fees plus foregone earnings on capital lost to fees

DATA: GOLDMAN SACHS, TIAA-CREF, SECURITIES & EXCHANGE COMMISSION, BUSINESS WEEK