Many investors are adopting a supremely conservative approach by converting the bulk of their retirement portfolio to cash by dumping stocks and bonds. If you are dealing with considerable amounts of money however the safety of that cash can come into question. Although the banking system offers some degree of protection to cash deposits, generally speaking, investors with much more than $100,000 in any given institution face at least some degree of risk. There are however several tools and options that an investor can use to protect cash accounts. For any investor with significant amounts of cash to invest and protect, the best course of action is to identify and understand the tools that are available, and put them into effect immediately.