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Subject:  Mother's retirement money Date:  11/3/1999  3:03 PM
Author:  worrywart12 Number:  15075 of 90120

Hello All!

I have checked the retirement section and a lot of the message board but couldn't find help for my problem

My mother lives on income from my late father's pension lump sum distribution and Social Security. She does not own a home or further assets and lives rather frugally.

Her broker has put her in bond funds and Treasuries, most recently a high yield bond fund. The fund has lost 30% of its value in the last year. Overall the value of her assets over the past ten years has dropped from $130,000 to $83,000.

She needs the remainder to produce about $900 a month in income. I know low-risk high return is usually a contradiction in terms but I need to stop the bleeding and don't think a high-risk bond fund is the way to go.

Thanks in advance for whatever help you can provide.

I am trying to work out a low risk - relatively high return (w

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