<prompt> Human: By the general rule of thumb, they should be at least 5050, but, right now, theyre 100 stocks. I only know this because I was talking to my dad about my IRA and he dropped this info causally. I didnt say anything back immediately because I want to have a sit down convo about what their invested in. All I know about their retirement planning is this - my moms work used to match every dollar and they took advantage of that for her 401k; the account is Charles Schuab or John Hancock cant remember; and theyre 100 stocks.My dad makes most of the decisions on this, and hes very much a high risk high reward kinda guy though he doesnt stomach loss so well. How do I talk to them about this? I dont want to come in and claim some sort of expertise since Ive read the pf wiki and the Intelligent Investor, but I know what theyre doing isnt prudent and potentially puts them in a position to lose decades worth of gains a terribly short amount of time. More generally, any advice on how to have a conversation about finances since Im somewhat of an adult at 25? My dad is old fashioned and probably thinks this is none of my business, but my moms much more receptive to this type of discussion. Edit - Im going to talk to them and figure out what vehicles they have and what theyre timeline looks like. I know for certain they wont have a pension as my moms work offers 401K and my dad is a small business owner, but they might have other accounts set up. Im going to talk to my mom first about those things, and, based on what she says, figure out if a subsequent meeting my her dad is necessary. Thanks for the advice thus far!  <response>: ... Will they need the money within the next 5 years? If their planning to retire, I would probably go to a more conservative allocation in the near future, but honestly, if they are in a situation where they wont really NEED the money, I dont know if they need to worry about it. Historically, recessions dont last longer than 5 years including this most recent one, so if they arent planning to retire or wont need the money, I say continue to take advantage of the higher yield in stocks...Of course, Im a pretty high-risk investor with my retirement too. 