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Author: Cromely Three stars, 500 posts Old School Fool CAPS All Star Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 35345  
Subject: Re: Plan For Mom Date: 6/14/2003 4:10 PM
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I realize this started out as just a question of how to invest the $100,000, but the thread has turned more into how to manage your monther's finances for the next 40 years.

One option I haven't seen mentioned yet would depend on your mother's personality. For some people at that age, it is not an unreasonable option but it does depend on her health and what she wants to do with her retirement.

Does she plan to stay in the workforce? A part time-time job at someting she enjoys could be a good option. It doesn't have to be something that pays extremely well. Since her current living expenses are already more than satisfied, part time income may be entirely directed to growth investing. If she puts it all in stocks, and the market tanks, she is at least not behind the eight-ball.

Finally, I have seen retirement itself have a negative effect on some people. Not having something to do can really eat into a person's health -- both physical and mental.

Again, this is a highly individualized concern; YMMV.

Cromely.
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