You may have a 401(k) plan, but you probably don’t ‘get it’

“I’ve also heard people say, ‘I started late, so now I need to invest aggressively.’ This sounds good on the surface, but the closer you are to retirement, the less volatility you should have.”

http://www.cnbc.com/2016/09/20/you-may-have-a-401k-plan-but-you-probably-dont-get-it.html