The older you are the more risk you should take when investing your retirement funds.

Question

Quizplus · Accepted Answer

The older you are, the closer you are to retirement and therefore you should take less risk with your retirement funds. As you approach retirement age, you should consider shifting your investments to less risky options such as bonds, cash or other income-generating investments. This helps to protect your retirement savings and ensure that you have a steady income stream during your retirement years.

The Older You Are the More Risk You Should Take