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My friend is 52 and she has had a $200,000 invested in three funds with Putnam for the last 6-7 years (no back load). The funds are mostly income generating Bond Funds.
She gets about $900 a month which she needs because she only works part time.

She is not going to touch the principal, but her 200,000 is worth less now... (she didn't think this would happen with Bond funds).

She doesn't have to worry about later retirement because she'll get a hefty inheritance (in 20 years or so??) .

I would like to help her get into a better plan.

Is there a better way for her to put the remaining principal into say, stocks only, which would allow her to generate that king of monthly $900 (or better)which would be sent to her in the mail?

I know she'd have to pay tax on money she takes out of the Funds if there is any profits.

And of course, she pays tax on her $900 or so monthly income.

Thanks, Ora
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