The Motley Fool Discussion Boards
Retirement Discussions / Retired Fools
|Subject: Re: Retirement Advice For Momma||Date: 9/21/2008 3:31 PM|
|Author: tilnow||Number: 14001 of 19380|
I don't use one myself, but this sounds like a situation where an independent certified financial planner (not one who sells insurance or securities) might help set up a plan for your mother's monies.
Then you could come back to the board and bounce the suggested plan off the experience of other retirees to get their opinions. There's a lot of expertise on this board, and people are especially willing to help beginners get started managing their money.
As for shared housing with your sister, I strongly advise against it. Your mother could be very close by, but not under the same roof ideally.
Last spring, after serious orthopedic surgery, I spent two weeks recovering with our daughter's family. They were wonderful and completely wanted me there, but I went home as soon as possible so they could have their privacy back.
You've come to the right board. I wish your family the best as you work through this transition in your lives. DH and I have found ourselves in your shoes twice in the past.
|Copyright 1996-2014 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us|