No. of Recommendations: 1
Today's rates are better than last year's rates.
Her expiring CDs were at what rate? She can probably get 5%+ today.
If she is old and her risk tolerance made CDs appropriate a year or so ago, they are probably also appropriate today.
Does the interest on her CDs meet her needs? If so, she is probably fine just where she is. A higher rate means more risk. She may not be comfortable with this, and if she is spending down no more than her probable life expectancy, no need to tamper with it.
Best wishes, Chris
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