10.4.3.1  Customer Age and Time Horizon 

Investors who are further from retirement age can typically invest in more long-term securities products and take on a higher level of risk than older customers. Time horizon measures the amount of time an investor has before he needs to meet his goals. Most investors are saving for retirement, which means that someone in her thirties typically has a time horizon of thirty years or more, while an investor in his 60s has a time hor