Today we’re going to expand on the relevance of risk - specifically risk avoidance - in light of the rising trend in life expectancy.In the US, a 66 year old male entering retirement in 1970 would’ve had to finance about 9 years of retirement. A new retiree in 2007 would’ve had to finance about 18. Who today can afford to rely on so called safe investments before and even after age 65? Outliving your money is a real issue.I'll play the role of a skunk at a cocktail party...