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Author: StevePoirier Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 75794  
Subject: Re: How To Invest Parents Money Date: 9/10/1999 7:24 PM
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I just completed for my mom what your doing now. First I would speak with a professional planner since they will have an opportunity to explore your parents monthly needs. My mother is invested in "safer" funds through the Best of America series with Trans America. Should be getting her about 8- 10% annually. She will be able to withdraw at a nice rate and her money should technically "outlive" her. I would also reccommend that you explore Long Term Care insurance. I have found that care at nursing homes as well as home care can cost upwards of $4000 per month. That can easily wipe out a lifetime of savings. Hope this helps a little. Good luck
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