Economists advise people to reduce risk as they age

Economists and personal financial advisors encourage people to reduce their exposure to financial risk and shocks as they age.

RELATED ARTICLESExplain
The Global Financial Crisis
Immediate triggers of the financial crisis?
Sudden evaporation of market confidence/trust
Sudden, sharp increase in global risk aversion by baby boomers
Economists advise people to reduce risk as they age
Job skills diminishingly marketable
Comparatively few buyers in next generation
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