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My father recently died and I am now in charge of investing for my mother. She 72 years old and is now living with my sister. Between the life insurance, a 401k and sale of their house she has a fairly sizable amount of money -- about 700k. (My father was very conservative and had most of his money in treasuries)I am new to investing and will be consulting a CFA for help. But am interested in how others who are retired have broken up their portfolios - % between stocks and bonds and what stocks would be recommended as core holdings. I realize that you can't time the market but with the DOW/ S&P coming down so quickly at the moment I thought I would go slowly.
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