A 40-year-old individual investor meets with a financial advisor and discusses two specific goals: university education for her two children (ages 6 and 8) and her retirement at age 60. She is very specific with her advisor that her children have the financial means to attend a top-tier private university. On the other hand, she is willing to accept a wide range of acceptable income levels during her retirement. Evaluate this investor’s risk tolerance with respect to the two investment objectives discussed with the adviser.
答案是education低，retirement高。
但这俩goal都是超过10年以上的investment horizon，算长期，所以liquidity needs小，则risk tolerance 高。这个逻辑哪里有问题？