I’m 75 and retired. Should I put my life savings into CDs or hire a financial adviser to help?

Site SearchClearSEARCHAdvanced Search ➔Search ResultsSymbolsNo results foundAll NewsArticlesVideoPodcasts0 ResultsNo Results FoundAuthorsNo results foundSectionsNo results foundColumnsNo results found Help Me RetireI’m 75 and retired. Should I put my life savings into CDs or hire a financial adviser to help?‘At my age, I want minimal to moderate risk’Published: March 30, 2026 at 10:00 a.m. ETShareResizeListen(6 min)“Would it be worth hiring a financial adviser?” (Photo subject is a model.) Photo: MarketWatch photo illustration/iStockphotoDear Help Me Retire, I am 75 and retired. Should I put my life savings into CDs myself, or hire a financial planner? At my age, I want minimal to moderate risk. Would it be worth hiring a financial adviser?Do-It-Yourself or Don’t? About the Author Alessandra MalitoAlessandra Malito is a retirement reporter based in New York. She holds the Chartered Retirement Planning Counselor™ and Chartered Financial Consultant® designations. You can follow her on Twitter @malito_aliShow Conversation (0)Back To TopA Dow Jones CompanyCopyright © 2026 MarketWatch, Inc. All rights reserved.Terms of UsePrivacy NoticeCookie NoticeArchive MarketwatchCustomer CenterContact UsNewslettersNewsroom RosterVirtual Stock ExchangeMarketWatch GuidesCopyright PolicyManage NotificationsCancel My SubscriptionCompanyDow JonesCode of ConductCorrectionsReprints & LicensingDigital Self ServiceYour Ad ChoicesCorporate SubscriptionsAccessibilityDow Jones NetworkThe Wall Street JournalBarron'sInvestor's Business DailyFinancial News Londonrealtor.comMansion GlobalDow Jones Smart MoneyIntraday Data provided by FACTSET and subject to terms of use. Historical and current end-of-day data provided by FACTSET. All quotes are in local exchange time. Real-time last sale data for U.S. stock quotes reflect trades reported through Nasdaq only. Intraday data delayed at least 15 minutes or per exchange requirements.