My mother is 80 and in excellent health. She has about 350-400K invested in CD's, living off the interest and her social security. She wants to maintain her principal to leave to family on her death. Recently her bank has been trying to talk her into an annuity. I don't think that is the best way for her to go. She wants safety and retention of principal while generating current income. Any suggestions other than CD's I can give her. Thanks.
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