When choosing an investment strategy,a person nearing retirement can better afford to invest in high-risk investment options.

Question

Quizplus · Accepted Answer

As a person nears retirement, their investment strategy should typically shift to lower-risk options in order to preserve their savings and limit the potential for large losses. High-risk investments such as stocks and mutual funds may offer higher potential returns, but they also come with a greater chance of volatility and loss.

When Choosing an Investment Strategy,a Person Nearing Retirement Can Better