In addition to your insurance recommendations for Jane, she would also like recommendations for investing and retirement planning . Note that Jane's employer has a retirement plan (401k) whereby Jane can choose from several mutual funds to invest in. Her employer, provides a 5% matching contribution.

Describe the type of mutual fund(s) you would advise Jane to acquire and provide the rationale for each type(s) and amount to invest. Also, provide a savings goal (amount needed for retirement as well as an income stream) for Jane that would provide for life expenses during retirement.