600-800 words
How would the asset allocation differ between a 25 year-old who is saving for retirement and a 67 year-old who is beginning retirement?
Be sure to provide the following:
- Give a reasonable stock-to-bond ratio for each investor.
- Explain your allocation.
Focus your discussion on the following:
- Asset allocation
- Time horizon
- Ability to assume risk
- Earning capacity
- Income needs
