Message Font: Serif | Sans-Serif
No. of Recommendations: 0
My mother is 83. She has about $80,000 that is the balance of an annuity that someone told her to close-out after the death of my stepfather last April. She does not need the money to live on. Can anyone help with suggestions on what she should do with the money?
Is there any way to recoupe the money she lost ($15,000+) when she closed the annuity?

Thank you, smroog
Print the post  


What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.