Because investment entail risks, it is not necessary to take such risk if you are not required to do so. For example if you are a high income earner and a good saver and do not mind a modest retirement lifestyle, you do not need to take risk as your savings could be sufficient to support your retirement. You should check with your financial adviser to determine whether is your current savings sufficient for your retirement. However, do be careful that many financial advisers will try to sell you investment products to earn a commission. You could end up taking up excessive risk just because the financial adviser need to earn a commission. You should consider someone who is fee-based and ethical.
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