Implication for Investors (investing area) If you are younger,the average remaining life of retirement investment is longer,and there is only a small probability that an investment in the risky security will be less than the“safer”one Investing in the less risky security will almost always result in a significantly smaller retirement income THE COURSE OF FINANCE 2017 SPRING SJTU 8Implication for Investors (investing area) If you are younger, the average remaining life of retirement investment is longer, and there is only a small probability that an investment in the risky security will be less than the “safer” one Investing in the less risky security will almost always result in a significantly smaller retirement income THE COURSE OF FINANCE 2017 SPRING SJTU 8