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Message
re: 80 years old - 100k
Posted on 6/29/18 at 2:20 pm to Jag_Warrior
Posted on 6/29/18 at 2:20 pm to Jag_Warrior
She should spend every dollar of that money she worked hard to save. Just my 2 cents.
2
Posted on 6/29/18 at 8:33 pm to TrueTiger07
I’ve hear Long Term Care Insurance is very, very risky. As in several people my age or a bit older experienced going through claims for their parents.
Similar stories about nightmares trying to get the benefits you paid for if and when the need arises.
Similar stories about nightmares trying to get the benefits you paid for if and when the need arises.
Posted on 6/29/18 at 8:37 pm to TrueTiger07
I hear what you are saying and fully agree, but if she wants to leave money for her kids then that is her preference. I'm sure she will feel better knowing she left them something.
OP, I second tying most of it in a CD - have her deduct $15,000 to cover her expenses for the next couple of years and tie the rest into CDs if she is looking for low-risk.
OP, I second tying most of it in a CD - have her deduct $15,000 to cover her expenses for the next couple of years and tie the rest into CDs if she is looking for low-risk.
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