Nellie Jones is 71 years old. She receives social security checks each month. Her only other income comes from her stock and bond portfolio, which is currently invested with the securities firm Mickey, Pluteau, and Donald (MP&D), which has an office near her home. Recently, Dewey Dukk, a young securities representative from MP&D, has been trying to convince her to increase the return on her investments by selling most of her bonds and putting the money into the somewhat risky stocks. His sales pitch to her is, 'You're not going to live forever so you might as well make more money now.' Which of the following is true about this situation?