Make the most of your wealth in retirement
You will no longer be able to manage your own money matters when death or mental incapacity strikes. However, you can make early arrangements to entrust someone dependable to handle your money matters according to your instructions.
With something as important as your finances, you should not leave it idling away or pass it to someone to manage. Everyone can pick up the knowledge to be a good investor, no matter your age.
"An apple a day keeps the doctor away" is a very well-known saying. For the elderly, though, it is particularly good advice. Living and eating well is the key to staying both healthy and wealthy in your retirement.
"The more the better, no matter how little" sums up the principle behind retirement fund management --- that is, it doesn't matter how small your retirement fund is, the most important thing is to manage it well.
Falling victim to fraud or having your assets stolen is particularly hard on the retired. How would you manage if you suddenly lost all of the funds you worked most of your life to accrue? With those savings gone, how would you ever be able to replace them? With little time to restore your finances, it is vital that you take special care of the assets and savings you have made for your retirement years.