05/21/2026
You've likely heard this countless times ...
And it's just bad advice.
As you age, you've likely been told:
"You are getting close to retirement,
therefore, you should reduce your risk."
That's ridiculous.
It's also just lazy advice.
Your age is NOT a factor!
Your age is irrelevant.
The ENVIRONMENT is the factor.
That's the only thing that's relevant!
The problem:
Most in this industry are NOT trained.
Well, they are not trained to manage money.
Most are trained to manage relationships.
There's lots of training about
➡️ Roth IRAs vs. Traditional IRAs
➡️ 401(k) contribution limits
➡️ Conversion Strategies
➡️ Etc. Etc. Etc.
But most are NOT trained to actually manage money.
Most folks in this industry are taught:
➡️Modern Portfolio Theory
➡️Asset Allocation
➡️Diversification
Some of it is complete nonsense.
Our CIO goes into some detail in his book.
For now, know this:
There ARE absolutely times when you should reduce your risk.
But those times have absolutely nothing to do with your age.
You need to measure risk constantly.
Dial UP risk when the evidence suggests it's appropriate.
Dial DOWN risk when evidences suggests that's appropriate.
If you have questions ...
If you want a second opinion ...
Just send an email to [email protected]
If you want to learn more, check out the book.
You can get the Kindle version for $4.
It's an easy read.
