1.Discuss how investment advisors can help their “behavioral” clients.

2.ndicate some strategies that investors could employ to profit from investor behavior.

3.List and explain some challenges and risks that are unique to the retirement problem.

3. Referring to the Life Cycle Needs by Age Group Model in Exhibit 16.1, identify where you are on the life cycle and the major life events that you should be planning for in the next five years. Indicate whether you are on track to be able to fund these requirements to the desired level and simultaneously meet your saving objectives for your anticipated retirement date.

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