No. of Recommendations: 0
Thanks for your response.

My father needs to withdraw interest or dividend income per month. He's hoping for around ~500/month. Keeping up with inflation with a top priority. Also he's 70, so-so health, we've discussed his living another ten years or so.

---Original message----
louisjkim: "My retired father, a widower at age 70, has about 100K from which he wishes to draw a monthly interest income to supplement his other income sources. The priority here is cash flow consistency and principal protection as his total income stream is rather modest."

Sound responses from the other posters.

You do not mention:

how big a withdrawal;
any concern WRT to inflation (or inflation adjusted withdrawals); or
your father's health and exxpected life expectancy.

You could also consider TIPS.

Regards, JAFO
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