That's quite a typical retirement/investment strategy: when you are young, you can take high risks that might pay-off in the long run and if they don't you stil

That's quite a typical retirement/investment strategy: when you are young, you can take high risks that might pay-off in the long run and if they don't you still have time to rebuild. When you approach retirement, you should move your money into low risk investments because you will need them soon. I's the same when investing time in your career development.