
Making Risky Moves Later In Life
Retirement years are not a time to be risking your money on iffy investments and get rich quick schemes. Make sure that any investing you do is relatively safe and leaves you to as close to “no chance” as possible.
It’s better to have money stored under your mattress than floating out there in a startup that may or may not be in business in 3-5 years. It’s a classic case of risk versus reward and for the typical retiree, you will be on a fixed income and not looking to create generational wealth.