This discussion question has two parts. Respond to both parts to receive full credit for this assignment. Part 1: Your friend is asking for advice. She is planning to retire in 40 years and wants to...

Discussion Post


This discussion question has two parts. Respond to both parts to receive full credit for this assignment. Part 1: Your friend is asking for advice. She is planning to retire in 40 years and wants to know what investments she should choose. She also wants to know if she should use an IRA or 401k or some other sort of retirement vehicle. Please advise her. Part 2: You have another friend that already has a sizable amount saved for his retirement, but he wants to retire in 10 years. What type of advice would you give him about what type of investment to make and as to whether or not to use a retirement plan? Include two references other than the textbook in total (not per post) for your discussion posts. One of these references should be less than a year old. Please note that the reference date is not when you view the reference on the web, but when the reference material was originally produced.