A client nearing retirement expresses a low risk tolerance but wants growth to keep pace with inflation. The most balanced recommendation is:

a.Place 100% of assets in aggressive growth stocks
b.Blend high-quality bonds and dividend equities to balance stability with modest growth
c.Move everything to cash to eliminate risk
d.Invest solely in speculative options for maximum upside

Explanation

A near-retiree with low risk tolerance but a need to outpace inflation is best served by a balanced mix of high-quality bonds for stability and dividend-paying equities for modest growth and inflation protection. All-cash would erode purchasing power, while all-equity or options would exceed the stated risk tolerance. Balancing competing objectives is central to suitable advice.

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