How would the asset allocation differ between a 25 year-old who is saving for retirement and a 67 year-old who...

How would the asset allocation differ between a 25 year-old who is saving for retirement and a 67 year-old who is beginning retirement?

Be sure to provide the following:

• Give a reasonable stock-to-bond ratio for each investor.
• Explain your allocation.

Focus your discussion on the following:

• Asset allocation
• Time horizon
• Ability to assume risk
• Earning capacity
• Income needs