Retirees would likely have a greater percentage of their wealth in common stock than would a recent college graduate.

Name: Retirees would likely have a greater percentage of their wealth in common stock than would a recent college graduate.
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Question

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Retirees typically seek more stable and less risky investments, so they are likely to have a smaller percentage of their wealth in common stock compared to a recent college graduate who might be more willing to take on risk for higher potential returns.

Retirees Would Likely Have a Greater Percentage of Their Wealth