Posted by JRSutton on May 02, 2014 at 06:04:47 from (71.174.108.245):
In Reply to: Investment Options posted by fergienewbee on May 01, 2014 at 18:02:23:
Talk to a professional that specializes in estate planning.
At 67, investments are a science.
There are SOOOO many tax, ss, and medical care implications to every step you take that it'll only make you weep for our nation if you ever tried to figure it out on your own.
As you age, the wolves start salivating more and more over your bank account. "Investing" becomes more an act of "protecting".
You're still young enough to make some good decisions now that can protect your money and shield it from the wolves. Just don't try to do it on your own.
You did say you're going to talk to a pro - I'm sure you will. I'm only stressing the importance of this.
I'd hate to see you devote even a small portion of the money to some idea you took from this site that sounds logical and wise, only to have it burn you 10 years down the road.
This post was edited by JRSutton at 06:13:02 05/02/14.
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