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re: What to do with half mill?

Posted on 4/26/14 at 11:15 am to
Posted by Iowa Golfer
Heaven
Member since Dec 2013
10232 posts
Posted on 4/26/14 at 11:15 am to
They shouldn't overlook payable on death options.

They spent their entire life accumulating this asset, in my opinion, in addition to keeping it in a safe investment vehicle, they should also spend some of it and enjoy it.
Posted by purpngold
Member since Jun 2006
1761 posts
Posted on 4/26/14 at 11:24 am to
quote:

What to do with half mill?
They shouldn't overlook payable on death options.

They spent their entire life accumulating this asset, in my opinion, in addition to keeping it in a safe investment vehicle, they should also spend some of it and enjoy it.


This chunk is in addition to a checking account they have that provides them with enough to pay monthly bills and go camping occasionally. They are enjoying retirement and living comfortably.

Please elaborate on "payable on death options"
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