This reflects a fundamental idea that younger people can take on more investment risk for potential gain, while
older people approaching retirement should protect their principal by converting some volatile growth - oriented stock investments to more stable fixed - income securities.
Not exact matches
Following the investing guideline that portfolio risk should decrease — although not too fast — as a
person approaches retirement, let's assume ex-ante portfolio risk of roughly 11 percent for the 50 year
old, 9.5 percent for the 55 year
old and slightly below 8 percent for the 60 year
old.
Mr Billson said the government wanted to make independent contractors «more highly visible in the broader economic narrative» and to play a greater role in allowing
older people to change from being full - time employees to part - time contractors as they
approached retirement.
Following the investing guideline that portfolio risk should decrease — although not too fast — as a
person approaches retirement, let's assume ex-ante portfolio risk of roughly 11 percent for the 50 year
old, 9.5 percent for the 55 year
old and slightly below 8 percent for the 60 year
old.
So what about at the other end of the spectrum then, are you seeing more and more
people who are
older or either
approaching retirement, already retired, what kind of scenarios do you see there?
First, the majority of
people that would benefit from this
approach are
older and have less time before their
retirement accounts need to be more protected from volatility anyway.