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Thankyou everyone for your insights and soothing my intial jitters.

There are several things metioned that I hadn't thought of. Like what if something happens to me!

My father set most of this up years ago and until recently it has been on cruise control. Initially, I think the allocation % was probably reversed. I do know he spent hours studying and tweaking it, but I don't have that luxury. Thus my query about professional help.

I'm not particularly concerned about any inheritance. If there's anything left at the end that's fine. On the other hand I want a sound strategy for Mom to minimize the possibility of her having any financial difficulties. The only expense she has that seems to continually go up is the rent for the retirement village in which she lives. Dividend and S.S. increases seem to have kept pace with this so far. She has a car, but it stays in the garage most of the time. I'll run the numbers with a 50% drop and see how long her funds would last. That would solve the rebalancing problem anyway!

The wild card, as with most people her age, is the potential medical expense. At present she only needs two prescriptions, about $30 per month (We all should be so lucky!). Is there a good way to plan for worst case future medical bills? Selling stocks in a down market to pay for them is one of my concerns, which of course would affect cash flows also. There is a long term care policy in effect, but I haven't had any time to evaluate it. I think it would only deal with nursing home costs though, not medical expenses.

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