Lifestyling is the practice of reducing the risk of a

pension A pension (, from Latin ''pensiō'', "payment") is a fund into which a sum of money is added during an employee's employment years and from which payments are drawn to support the person's retirement from work in the form of periodic payments ...

or other investment as the end of the term approaches, typically by shifting to less volatile and lower-risk

investment fund An investment fund is a way of investing money alongside other investors in order to benefit from the inherent advantages of working as part of a group such as reducing the risks of the investment by a significant percentage. These advantages inc ...

References

Description of lifestyling from Scottish Life
Pensions {{econ-stub