Quote:
Originally Posted by rfuerst911sc
Thinking of a money market account at a bank with FDIC coverage.
.She is 89 years old . We really don't want to deal with market volitility at her age . Her " nest egg " is 25k plus this 100k. The 25k is currently invested with a financial advisor.
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You’ve answered you own question.
Money market/savings acct at a bank.
She’s 89 years old and in assisted living.
Without significant risk she isn’t going to make any meaningful return on $100k in her lifetime. Nor should she try.