shockley wind up 20% better off in terms of your wealth and your retirement income if you start cautiousve, and there is some interesting and important reasons behind that. gerri: conventional wisdom is the older you get, the more conservative you should be with your investments, but what does your research tell you? >> when you are tww or three years away from retirement, you shift toward honest to reduce the uncertainty in what your retirement will look like but that uncertainty is startling high. the uncertainty is actually higher with bonds than with stocks. which suggests the bond centric trajectory as you get into your 50s and 60s may be totally off base. gerri: aren't we doubling down on that risk? isn't there a bubble that threatens to blow up and take a lot of people approaching retirement with it? speak of this is of the big factors that they provide the market with ready buyers for treasury bonds that are yieldg less than inflation. think of the treasury bonds, especially the short end of the curve as certificates of appropriation. we are punishing seniors, we are punishing re

shockley, talk a little bit about the importance of community and the role of community when it comes to our seniors. >> yes. jim, if you'd allow me, i'd like to say just a word about that caregiving role. i hope that your viewers will take a moment to really think about one of the most significant occupations in our society today. when i reflect upon individuals that are providing care for a loved one, their entire life has changed, not only the life of the elderly but the life of the individual family and the individuals that are involved. many of them have had to leave professions. leave significant roles outside the home. and come in and provide care so that they're able to hold on to that loved one rather than institutionalize them. and it is a major thing to watch as four, five years will go by and to actually watch the deterioration of the caregiver. and the amount of strain and weight that is a part of that. >> if you add the dollars, it's been calculated, don't quote me on the numbers but in the neighborhood of billions of dollars, if you tabulated what these caregivers are p