Title: The Johnsons: Navigating College Costs and Retirement with Strategic Risk Assessment Tagline: Optimizing Investment Decisions for Family's Future Problem: With $2.1 million in retirement accounts and significant college expenses looming for their three children (ages 8, 12, and 15), the Johnsons are unsure how to best allocate their investment portfolio. They worry about potentially jeopardizing their retirement if they invest too conservatively, but are equally concerned about losing capital in more aggressive, volatile investments given their nearing college funding needs. Solution: Using the Expected Utility Calculator, we were able to quantify the Johnsons' risk aversion and determine their certainty equivalent for different investment scenarios. By inputting potential investment returns and associated probabilities, we helped them understand the utility they would derive from each option. This revealed that a portfolio with a 60/40 stock/bond allocation, previously deemed too aggressive, actually provided the highest utility score given their specific circumstances and aversion to losing significant capital. We further used the Tax Equivalent Yield Calculator to find high-yield municipal bonds to help them save for college with tax-free returns. This helped them rebalance their portfolio to reduce the risk of NOT meeting their goals. ROI: $150,000 projected increase in retirement funds at retirement age and $30,000 tax savings over 10 years in college funding through tax-exempt municipal bonds. Description: The Johnsons, a high-earning couple with three children, face the daunting task of simultaneously funding college education and securing a comfortable retirement. This case study explores how the Expected Utility Calculator can help them make informed investment decisions that align with their risk tolerance and financial goals. Category: Client Service Calculators: Expected Utility Calculator, Tax Equivalent Yield Calculator, Debt to Asset Ratio Calculator