ial planning and how they can provide greater comfort and safety for the future. Although it is popular to encourage young people to invest, it is even more important for clients over the age of 70 to maintain or to begin investing prudently.

There are many examples of people who are living longer and healthier lives. So, it is not strange for clients to reach their 70s and beyond while maintaining the bulk of their wealth. However, that wealth still needs to be professionally managed to maintain the integrity of the clients’ investments to ensure their financial well-being.

Most investors are looking for growth or income; however, for clients over 70 years old, capital preservation becomes a key investment objective. My clients are usually focused on protecting their savings and maintaining a steady source of income. They are mainly risk averse, although I have had a few clients who surprised me with their high-risk appetite.

https://www.jamaicaobserver.com/business/what-you-need-to-know-when-investing-in-your-70s-and-beyond/