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Table 3 : Employee # 2 - Greta Robinson is 4 0 years old and has been with Wal - Mart in the accounting department

Table 3: Employee #2- Greta Robinson is 40 years old and has been with Wal-Mart in the accounting department since she graduated from college at age 22. Her current annual salary is $90,000 and she has accumulated $350,000 in her 401(k) contributing 10% of her salary. She also has $100,000 in a Roth IRA. She is planning to retire at age 65 and would like to have saved $1,000,000 by the time she retires in both of these accounts. Greta is married with two school-aged children and owns her own home. The couple keep their finances separate and have their own individual retirement goals. Her risk tolerance is
\table[[Question:,Answer:],[Greta's current asset allocation is as follows. What,],[changes would you recommend, if any? Be sure to,],[explain your reasoning. Include the funds with,],[percentages equaling 100%.,],[Fidelity 500 Index Fund (FXAIX): 70%,(10 points),],[Wal-Mart Stock (WMT): 30%,,],[\table[[Greta is concerned that she is not saving enough],[toward retirement to reach her $1,000,000 goal.]],],[She wants to save more but can't seem to figure,]]
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