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

Posted on 4/1/15 at 12:32 pm to
Posted by Stingray
Shreveport
Member since Sep 2007
12421 posts
Posted on 4/1/15 at 12:32 pm to
Does she have a 401k also? Any other income streams?
Posted by jlu03
San Diego
Member since Jul 2012
3321 posts
Posted on 4/1/15 at 1:34 pm to
She has a 401K but nothing near the lump sum she will be inheriting and of course she will receive SS.

At this point I'm trying to provide her vehicles of income which could add to the SS she will be receiving. Most of my knowledge is in stocks, ETF's and options and not so much in bonds but I know the rates are awful.

So let's say I go 50/50 stocks and bonds/CD's. What type of stocks would you suggest? I'm staying away from large cap oil and gas for the moment.

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