Health and age should be factors in determining asset allocation from "summary" of All About Asset Allocation, Second Edition by Richard Ferri
As we consider how best to allocate our assets, it's important to take into account factors such as health and age. These two variables can have a significant impact on our financial goals and risk tolerance, and therefore should be carefully considered when developing an asset allocation strategy. Health plays a vital role in determining asset allocation because it directly impacts our ability to earn and save money. If we are in good health and expect to continue working for many more years, we may be able to take on more risk in our investment portfolio. On the other hand, if our health is poor or we are approaching retirement, it may be wise to shift towards more conservative investments to protect our sav...
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