No. of Recommendations: 0
Any thoughts about this scenario:

Age: 88 female, good cognition, ok to fragile/painful joints and blind in one eye (TIA of the eye) but otherwise OK physically
Needs: about $2000/month after recent move to senior living center, potentially up to $500 more if assisted living is needed
Net worth: 450K, 370K of it in a house, 65K in a taxable investment account, 15K in a traditional IRA.

I'm managing the investment accounts as they stand, but if the house is sold (instead of turned into a rental property), the amount becomes more than what I want to handle.



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