Currently, Sorted 60plus uses, as a default, an expected rate of return that is generated from a 'conservative' portfolio of assets (30% shares and property).
What you earn on your investment as a percentage of the amount you invested. For example, if you by a house for $300,000, and it makes you $15,000 from rent each year (after all the running costs have been paid), the rate of return on your asset (the house) is 5% ($15,000 is 5% of $300,000).
Shares and equities refer to the same thing - a share in the ownership of a company and entitlement to any distributions (eg dividends).
