Generally, retired people are older, so it is not recommended that the financial risk is too high when managing money. It is good to recommend money funds, regular financial management, and national debt with low risks.
Then why not suggest risk management? I don't know if you have ever seen an old man speculate on futures and leverage online, which eventually led to a loss of more than 10 million, and even his pension was gone, which had a great impact on his future life. I can't eat well, I can't sleep well, and I'm under great pressure. Futures is also a kind of financial management, which is very risky, so he has retired. Better not touch it.
A money fund with little risk is good, or the flexibility of the fund is better. When you need money, it will come soon, because when you get old, you may get worse in all aspects of your body and get sick. So when you manage your money, you should prepare a current sum of money for a rainy day.
Regular financial management can also be considered, but it is not recommended that the term is too long, because the age itself is too long and it takes too long to buy. At that time, it was better to spend a few months regularly. Be kind to yourself when you are old, and your children and grandchildren will have their own blessings.