Your neighbor has heard that you successfully completed a course in investments and has come to seek your advice. She and her husband are both 50 years old. They just finished making their last payments for their condominium and their children’s college education and are planning for retirement. What advice on investing their retirement savings would you give them? If they are very risk averse, what would you advise?

Personal Finance
13th Edition
ISBN:9781337669214
Author:GARMAN
Publisher:GARMAN
Chapter13: Investment Fundamentals
Section: Chapter Questions
Problem 9LTAI
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Your neighbor has heard that you successfully completed a course in investments and has come to seek your advice. She and her husband are both 50 years old. They just finished making their last payments for their condominium and their children’s college education and are planning for
retirement. What advice on investing their retirement savings would you give them? If they are very risk averse, what would you advise?

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