Copyright © 2025 TSL, LLC. A Centerfield Media Company. All rights reserved. The Senior List should be used for information and entertainment purposes only. The Senior List and their writers, business partners and associates do not provide financial, legal or health related advice as a substitute for professional consultation. By using The Senior List.com you agree to the Cookie Policy, Terms of Use and Privacy Policy. We are a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for us to earn fees by linking to Amazon.com and affiliated sites., Safe Investing for Seniors: Takeaways According to the Federal Reserve, the average American aged 65-74 has a retirement savings of $164,000;1 however, experts recommend2 having far more saved. Several safe investment options for seniors, like high-yield savings accounts, can help older adults earn 4% yearly returns. Software like Retirable can help people independently manage… View Page, Here's how to protect your retirement portfolio with strategies for income generation and risk management..