Information for Older Investors - US Securities & Exchange Commission
Protecting our assets as we age is important to ensure we do not run out of money in retirement. That essentially means we must be savvy about any new investments we may make, and monitor our existing investments as well, understand the fees associated with our “nest egg,” and make sure that any professional we may seek advice from is fully licensed to perform on our behalf. Planning ahead continues to be important, even after you’ve retired, because your future ability to handle financial matters on your own is an unknown, prudent withdrawal from your investments is exceptionally important, and scammers who wish to gain access to your money are everywhere. In other words, protecting your investments and yourself in retirement should be high on every senior’s priority list.
So, how does an older investor approach all of the above? Well, knowledge is key, and knowing where to find resources to assist with the above is the right first step. Fortunately, the federal government offers an excellent resource for older investors and, indeed, all senior citizens through it’s “Never Stop Learning” section at the U.S. Securities and Exchange Commission’s (SEC’s) www.investor.gov website. Here you can find a wealth of information about investing and protecting your investments, expressed in easy to understand language. And while there, you may wish to explore the plethora of other investment resources, including financial tools and calculators as well as general information, such as asset allocation, risk tolerance, and other general and safe investment resources. To see the SEC’s specific investment information for older investors, click on this link.