Yes, it certainly is possible. If you wish to do this yourself, you need to understand that your greatest risk isn't the markets...its you. The typical response of the untrained and inexperienced is to respond to your emotions...which in investing, means you'll tend to want to buy when the market has expanded and grown (like it has now), while your urge to sell when happen when the markets have declined and declined. This is human nature...but it is also exactly the opposite of what you should be doing.Hiring a portfolio manager (Registered Investment Advisor holding the CFP or CFA designation) will have the discipline to advise you...but ultimately, it is your decision.I'd recommend that before you do anything, you read two books:1. "A Random Walk Down Wall Street" by Burton Malkiel. This is an easy read. Its message is to show you the futility of trying to pick investment 'winners'2. "The Four Pillars of Investing" by William Bernstein. This will take a bit longer to read...but it is the bible to asset allocation with index mutual funds (or ETFs)If this savings amount and Social Security are all the household income that stands between you and the judgement day, you need to start slowly and deliberately...as the investment decisions you make at the front end will be critical to your future financial well being.And to me, the real value of seeking out a Fee-Only CFP for assistance isn't investing....its how to manage household cash flows and household risks going forward. I agree with finding such assistance through the Garrett Network. It might cost you a couple of thousand $$ to get a comprehensive plan....but you'll save many times over this amount by following such advice and keeping clear of the mainstream of 'finacial advisors' out there who heavily advertise their services and whose principal objective is to sell you expensive products that you really don't need.BruceM
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