Generally speaking, yes. Over time investors usually become more conservative as they get closer to retirement. That said, not all investors can tolerate an aggressive portfolio just because they are young. Likewise, not everyone approaching retirement wants to be conservative. Taking a risk tolerance assessment can help you to determine what type of investor you are. Risk tolerance is not static; retake the risk assessment annually and make changes to your portfolio to align with your risk tolerance.
For details about the 401(k) Plan and investment options, go to HCAGHR.com, click Benefits, and click on BConnected.
Remotiv is not affiliated with HCA Healthcare and is a private company hired to provide independent investment education. All responses are intended to be educational in nature and should not be considered advice.