Define contribution pension plan

Let's say that you have a defined-contribution pension plan. Recall that your plan can consist of different financial instruments. You will at some point have all 3 of the below allocations. Rank when in your working life and why it would be best to have the following portfolio allocations: (a) 100% bonds and money-market instruments, (b) 100% stocks, (c) 50% bonds and 50% stocks? (first part, middle, or last)

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Finance Basics: Define contribution pension plan
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