My 5-Minute Retirement Plan
The most common mistake people make when planning their retirement is assuming that the way wealth was created is the same way they should hold wealth in retirement, with the added twist of being more conservative.
Popular belief suggests that as you age, the level of risk an investor takes should decline in an effort to preserve their assets and protect them from market loss. The general idea here is the younger you are, the more aggressive you should be. The older you are, the more conservative you should be.
The theory is that too much risk can lead to losses if markets fall with less time to recover, and by dialing down
