Most normal elderly investors continue doing what they have been doing all of their lives. If it is stock investing then they are still doing it when they die.
It is the very rare elderly investors that sell there investments so they are sitting on a pile of cash when they die. They usually leave it in trust funds and/or leave it up to their heirs as to what they want to do.
GOOD LUCK TO YOU, YOUR FAMILY, FRIENDS AND ALL OF US ECIG INVESTORS.