I need a help on assignment. the homework is attached

Case 3: Barney Smythe Barney Smythe, 40, and his wife Heather, 39, are considering what to do with $2,500,000 (after-tax) Heather is to receive as a result of her mother's death. Barney earns $100,000 per year in his current position. Heather has been and will continue to be a stay-at-home mother. They have two children, Lenny, 12, and Buford, 10. Their annual living expenses are about $150,000. In addition to the inheritance, they have $1,250,000 in savings and investments. In a discussion with representatives of Worth Enhancers, the Smythes made these statements: 1. \"One of our goals is to pay our children's college education.\" 2. \"We expect our annual expenses to increase at the general rate of inflation.\" 3. \"We both want to retire at 65 and be able to live comfortably but not extravagantly.\" 4. \"We are in the 25% marginal tax bracket.\" 5. \"We want to avoid overly-risky individual investments and would like our portfolio to be relatively stable and not experience any significant losses.\" 6. \"We do not expect any unusual expenses in the short-run, but we want to maintain a comfortable cushion of emergency funds. Part 1: Objectives and Constraints Table 1: Objectives and Constraints for the Typical Investor. Define the components listed and explain what must be considered when determining each for the typical individual investor. (Be sure to consider the client's current situation and long-term plans.) You may use any website as resource, but be sure to include the site address in your reference list on the last page. Objectives and Constraints for the Typical Individual Investor Objectives Risk Tolerance Return Objective Constraints Time Horizon Liquidity Needs Legal and/or Regulatory Considerations Tax Considerations Unique Concerns