My mom is 46 and is sitting on a large amount of money in a savings account. I have constantly told her to to invest her money but she wants some other opinions, which is smart since it is not my area of expertise. She has around 100k in savings. I have so far suggested Series I Bonds, low fee Index Funds, and a Roth IRA. Self employed so her income fluctuations but her range is 60k - 80k a year. Filing status is married. With the options I suggested I would like to know how much to allocate for each of them, as well as any other options and further advice.
Please let me know if further information is needed to provide better advice.
Will appreciate any helpful insights.
Submitted January 04, 2023 at 09:00PM by Beyond_Deity https://ift.tt/2bV1fJ3
