You'll give up returns and retirement income in order to sleep better at night with less investment risk and volatility. (moneysense.ca)
If you've agreed to ongoing advice, you need to tell your adviser if your ability or willingness to take on more or less investment risk changes. (moneysmart.gov.au)
Bond funds typically invest in corporate bonds, mortgage - backed securities, municipal bonds and U.S. Treasuries, all of which offer less investment risk than stocks. (sapling.com)