Chartered Investment Counselor (CIC)

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A new client couple, both in their early 50s, have two primary investment goals: 1) Aggressively grow a portfolio to fund a comfortable retirement in 15-20 years. 2) Set aside funds for a down payment on a vacation home they wish to purchase in 2 years. What is the MOST significant challenge a CIC faces in reconciling these goals?

The goals require conflicting time horizons and necessitate different levels of risk. It is impossible to pursue both capital appreciation and capital preservation simultaneously. The clients' tax bracket will make achieving both goals inefficient. Selecting appropriate investments for a two-year time frame is overly complex.

Correct Answer:

The goals require conflicting time horizons and necessitate different levels of risk.

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