For Discussion 7, address these topics:

1. Portfolio diversification is the key to success. Is your portfolio well diversified with stocks, bonds and cash?

2. Have you invested for retirement? What investment vehicles are you using such as 401K, IRA, Roth IRA etc.

3. Have you invested in a mutual fund under 401K or an IRA? Why mutual funds are so popular?

4. Discuss evaluating types of mutual funds for an investment portfolio.

For Discussion 8, address these topics:

1. Are you planning for retirement? How and what is your time horizon?

2. Are you planning for health care expenses in retirement? Discuss the pros and cons.

3. Estate planning is very important for survivors. What are the different activities and decisions under Estate Planning?

4. What are the tax consequences of Estate planning?