Design an Investment Portfolio for each of the five Situations presented below. There is no perfect answer to this exercise. Present your reasoning and best thoughts on the portfolio's structure, including dollar investment allocations. Properly identify investment names (ETFs; Mutual Funds; Individual Stocks; Bonds; Money Market Funds, etc.) Not just the symbol of the investment. For example: Vanguard Health Care Index Fund Shares (VHT) $25,000. As we progress through the book, highlighting different investment approaches and products, your recommended portfolio structure should (will probably) change. That evolution is a key reason this simulation has been assigned. In all situations the individual(s) have health care coverage. You must select investments for the assets of the individuals, including their IRAs, savings, inheritance, and other assets.

Situation #5 Retired couple, own their own home (worth $500,000; a $150,000 mortgage), children out of college. Total IRA $200,000; and Investment portfolio of $225,000. Total annual income from pension and Social Security total $40,000. They will live for approximately 20 more years. $100,00 insurance death benefits for each individual.