When many of us retire we are well into our 60’s and tend to be pretty conservative with our investments. And fair enough. We have hopefully built up a significant stash by now, and any large losses could be quite devastating.

Just before we finish work is generally the time of our lives where we have the most money we ever have. So a 30% loss on $500,000 when we no longer have income coming in, has a much more significant impact on us than a 30% loss on $300,000 at age 50 while we are still working.

We have more time to recover and we have the income coming in so we have […..]