Profile 2 Ana just turned 26 years old. After losing her parents in a car accident a month ago, she inherited $5 million. She is very optimistic about the current market and has asked your firm to identify a personal wealth portfolio, commensurate with that market outlook and risk level, which outperforms the S & P 500 performance return. She prefers to invest in stocks, bonds, and mutual funds, but is open to other options including offshore investments or other strategies to minimize her tax burden. Because she is a single parent to her one-year-old son, Robert, and is currently attending graduate school, she also needs to keep some of her assets available to pay tuition and daycare expenses over the next two to five years. She also wants to make sure Robert is provided for should something happen to her. Although retirement is many years away, she would like to start planning for that eventuality. Ideally, she would like to retire at age 60, with at least $100,000 per year annual income (adjusting for inflation and not including pension or social security benefits), and ideally more.

You will submit a draft of the retirement planning and recommendations sections of the final project. Assess the financial planning services that address clients needs beyond investment advice. What products related to retirement and providing for dependents might be of interest to the client? What budgeting strategies should the client consider to ensure retirement at the target lifestyle level? Then, based on your analysis above, suggest a mix of financial products and other strategies to help the client maximize profit and meet needs within his or her risk tolerance. Suggest an asset allocation option, composed of diverse asset types, for the client to consider, using clear, client-focused language, pie charts, and specific risk and return measures to make your case. Finally, what are your overall recommendations and conclusions for the client? Be sure to use clear, client-focused language, supported by evidence from your analysis.