Hey Oceans,You've got a serious thread going here...Take a look at TTRoberts response. http://boards.fool.com/Message.asp?mid=20143501I happen to agree with him with respect to the annuity. They're really not all bad...that says a lot coming from me...search for the "parents burned" thread in this board and you'll see why.I'm not fan of variable annuities but a immediate annuity may be just what the doctor ordered here. You also mentioned you'd like the principle to be protected...Voila...you have the Equity Indexed Annuity to resolve that issue as TTRoberts mentioned. You mentioned her "necessities" are covered so perhaps she doesn't need to put the full $300k into an immediate annuity. Maybe $150k will get her by for 20 years or you can even put into a life fixed annuity and the rest go to her heirs. Just a thought...I have no idea how much her "excesses" run (my wife's run quite a bit!!!) ;-)Obviously her interest is most important so with a little more research I think you can find a good answer. Here's a site to help decipher some of your annuity questions...http://www.retirementplanningforseniors.com/annuitybasics.htmSome have age limitations as well. If it's too much, find a good financial planner (fee based...preferably hourly IMHO) that can help track annuities down for you. I think buzman pointed you to www.immediateannuity.com but do some shopping. TIAA-CREF or Vanguard (their results aren't posted on immediateannuity.com last I checked) may have some lower cost alternatives.Best of luck...Jesse
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