For this week's discussion, first watch this: https://www.youtube.com/watch?v=cntb08Cdoy4

and then read this blog post: https://www.kitces.com/blog/should-equity-exposure-decrease-in-retirement-or-is-a-rising-equity-glidepath-actually-better/

In the video, a case is made for why investors should perhaps become more conservative in their investment allocation as they age. In the blog post, a case is made for why investors should consider becoming more aggressive with their investments as they age.

Which argument do you find more convincing?

If you were giving advice to a client who is wondering how their portfolio should change during retirement, what would you suggest?