Choose a minimum of three of the four following life situations ( or use all four ): Husband / wife , two kids , 1 income , mortgage , good salary , some savings , no college fund Divorced , 55 years old , $ 1.2 million , 2 kids in college , no debt 24-year-old single woman , college graduate , engineer , $ 20,000 savings 74-year-old widower , excellent pension , $ 500,000 , long-term care insurance , three children Write a 1,050- to 1,400-word paper in which you do the following : Describe the risk tolerance and recommended asset allocation to match that risk for each of the life situations selected . Choose some appropriate investments . Describe what type of account would be best to hold the investment . Consider and recommend any insurance that is appropriate and any estate planning tools . Format your paper consistent with APA guidelines .
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