1. You have a client who is 65 years old and soon to retire. She has told you she is very frightened of the stock market but understands she must make her retirement income keep up with inflation and taxes. She has 1.250,000 to invest with you. And her history of her relatives suggests she might live to be 95 years old before dying. So how are you going to invest for a 30-year retirement? She will also receive Social Security of $1,000 dollars a month. There is no pension. So you will need to make that 1,250,000 stretch for 30 years. How will you do that? She will need about $1,000 dollars a month for her life this added to her Social Security will give her enough to pay her taxes, utilities and buy her weekly food. Her house is paid for and her taxes on the house are only $500 dollars a year. She is grandfathered in, so the taxes will only go up about 1% per year. So lets see you make a plan. Remember you will need to do research on this.