$200k for retirement - but already 65

Post date: 2022-08-13 19:19:48
Views: 8
I'm helping a relative figure out how to best invest around $200,000 which is going to be their retirement fund. The thing is, they are already 65 - not retired yet but not far off. Is it as simple as putting as much cash as possible into the 401k?

There is a small 401k right now but not much, so this will make up the majority of their retirement savings. We want to make sure this money is there to help pay for care as they get older as well as giving a small income upon retirement.

This is in Tennessee. Thank you Metafilter!
Please click Here to read the full story.
 
Other Top and Latest Questions:
Martian Astronomy - celestial observations from the surface of Mars
How did Pill Bottles Work Before the 1982 cyanide Tylenol murders?
How do I make my raised beds nicer?
Fixed a problem with tables appearing at the bottom of the site
I would like to be high without mind altering substances, please
Simple GPS dog tracker solution - specifics inside!
Best cave tour in NW Arkansas
House of the Dragon: The Princess and the Queen (Books Included)
Rick and Morty: Night Family
Transition from W2 to Contractor - what do I need to know?