As you approach retirement, you have a lower risk tolerance, since you don't have decades to rebuild if a riskier investment causes problems. Take into account the time frame in question as you determine your risk tolerance. Newport Beach Financial Advisor Shane Brosnan says "everybody has lower risk tolerance now. There is $9 trillion on the sidelines now."
Loading more stuff…
Hmm…it looks like things are taking a while to load. Try again?