re: Large Inheritance at the age of 62, WWYD??

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Should she focus on dividends??

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That's what I would do - pick 10 to 12 of the top dividend stocks, set them to reinvest dividends until she retires in 4 years.

Then turn off the reinvestment and take that as dividend income - easily double her social security - and put her in the mid-40s - $400k at this point is about as good as a pension she would have received from some places.

As long as she doesn't blow it on Chippendales and cocaine...