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Investing/Strategies / Retirement Investing
|Subject: investing for income at 77||Date: 9/17/2003 11:48 AM|
|Author: davidcaruso||Number: 37215 of 76418|
So my mother-in-law (age 77) just came into some ca$h after her cousin died. She would like to invest some ($120,000) to suppliment her monthly income. What would be the best vehicle to do this?
Individual bonds? How would the interest be delivered to her?
Will this process require a bank and a banker or can I do this for her through a discount online broker?
--Always helpful, just ask.
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