Generally speaking, yes. Over time investors usually become more conservative as they get closer to retirement. That said, not all investors can tolerate an aggressive portfolio just because they are young. Likewise, not everyone approaching retirement wants to be conservative. Taking a risk tolerance assessment can help you to determine what type of investor you are. Risk tolerance is not static; retake the risk assessment annually and make changes to your portfolio to align with your risk tolerance.
Remotiv is independent, unaffiliated and does not sponsor nor endorse any other service provider. To access our brochure, code of ethics, privacy policy and all other relevant documents please visit our website at remotiv.com/disclosures.