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Subject:  Re: Retiree Seeks Foolish Investment Info Date:  11/16/1999  11:08 AM
Author:  lakerc Number:  15424 of 78166

BluesH has the right approach. Generalizations are not going to be of much help for your mother's financial planning without knowing the specifics of her situation. From the sound of things, it doesn't sound like your mother has a serious problem with finances; instead it sounds like you are the one with the problem of trying to develop an investment strategy that continues to provide her with a comfortable lifetime income AND still leaves a sizeable estate for you to inherit. That in itself is not so difficult, except that you are also faced with a significant probability that she will spend a considerable time in a nursing home, or need in-home care (Hint: 50% of the folks over 85 will develop Alzheimers). That costs $