In general, your asset allocation will be more aggressive when you are younger because you have a higher risk tolerance and you have a longer timeline for growth. You’ll most likely have a majority of your investments in stocks. As you get older, you will be more conservative with your investments. As your account balances grow, you may not enjoy seeing your investments drop very much, and you’ll move toward a more balanced asset allocation. This means more bonds and fixed-income investments and fewer stocks.