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We are somewhat in the same situation. Our monthly income is VA disability and both our SS. My DH is not well, and that has forced me to contemplate my future when I'm alone.

Right now we have CDs, both from Pen Fed and some in the Ameritrade account along with number of individual bonds. For now, I enjoy looking for investments and opportunities, but feel in the future I am going to want to simplify our investments. We currently do not take anything from investments for living expenses and I'm tired of finding things to do with that money. I normally let it pile up for 6 months or so then decide what to do.

I've been thinking about 1-3 years from now selling the Ameritrade investments and simply putting it all in Vanguard Funds and reinvesting the dividends and interest as that would require no work on my part.

I will not need the money from investments and my monthly income will come from DHs SS and his DIC (death & indemnity compensation) from the VA and that will more than cover my monthly expenses.

I guess I'm fortunate to have a problem like this. :))
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