1. Don Smitham’s investments over the past several years have not lived up to his full return expectations. He is not particularly concerned, however, because his return is only about 2 percentage...

1. Don Smitham’s investments over the past several years have not lived up to his full return expectations. He is not particularly concerned, however, because his return is only about 2 percentage points below his expectations. Do you have any advice for Don?

2. “There’s no sense in worrying about retirement until you reach middle age.” Discuss this point of view.