Mathew, curious why the "Decrease Risk Tolerance With Age" settings don't allow negative as well as positive values?
Isn't it accepted that while the general consensus is that risk tolerance decreases with age, some postulate that it can go the other way? I think this is especially true in the tpaw context, where decreasing future income is already taken into account inherently, and essentials are, by definition, covered. So we're essentially talking about one's risk tolerance with general discretionary wealth (fun money).
Isn't it accepted that while the general consensus is that risk tolerance decreases with age, some postulate that it can go the other way? I think this is especially true in the tpaw context, where decreasing future income is already taken into account inherently, and essentials are, by definition, covered. So we're essentially talking about one's risk tolerance with general discretionary wealth (fun money).
Statistics: Posted by jmk — Wed Jul 17, 2024 12:23 pm — Replies 871 — Views 236961