Benjamin has now confirmed that the inheritance amount to be received to $659 000. Linda's family has agreed that this amount should be part of their retirement nest egg. For this purpose, Linda has suggested they create a separate investment portfolio based on financial information she got from the internet. The proposed portfolio will be structured as follows.

Asset Class Domestic equities International equities Cash equivalents Domestic bonds International bonds Real estate	Average Return (%) 12.30 9.90 3.00 10.10 9.90 7.80	Allocation ($) 26 360 6 590 263 600 131 800 32 950 197 700
Total	659 000

iii) Holding all else equal, do you think this proposed asset allocation is appropriate given the family investment time horizon? Justify your answer