Skip to main content
No. of Recommendations: 0
I would appreciate anybody's help in trying to figure out the best way(s) to invest my mother's $$. My father recently passed away and, all total, mom's got about 400K from insurance, etc and is not sure where to put it safely to last. Although I do invest my own bucks, I haven't given a lot of though as to how to invest once one is retired. She is thinking about staggering CD's, keeping a big chunk in money markets, etc...I think that she just ain't gonna get enough return with this along with SSI to keep her going for the many years I see ahead of her (she's 68 but in good health; house paid off, no significant outstanding debts, etc). Any ideas/suggestions as to how to safely allocate her $$ would be appreciated.
Print the post  

Announcements

The Retirement Investing Board
This is the board for all discussions related to Investing for and during retirement. To keep the board relevant and Foolish to everyone, please avoid making any posts pertaining to political partisanship. Fool on and Retire on!
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.