HatePayingTaxes
Recycles dryer sheets
- Joined
- Jul 7, 2006
- Messages
- 102
Hi,
My in-laws are in their early 60s and have about 200k in rollover ira. This is their only retirement money so it needs to be invested conservatively. They don't want anything more than 10% dip. Also, they're not interested in diversifying on their own so it'll have to be a balanced fund.
What do you think their options are? I was thinking about putting 100% into wellsely fund but that's putting everything into one fund so not sure if it's too risky and allocation seems to favor large cap stocks. Retirement fund seems ok. Anything else?
Thanks
My in-laws are in their early 60s and have about 200k in rollover ira. This is their only retirement money so it needs to be invested conservatively. They don't want anything more than 10% dip. Also, they're not interested in diversifying on their own so it'll have to be a balanced fund.
What do you think their options are? I was thinking about putting 100% into wellsely fund but that's putting everything into one fund so not sure if it's too risky and allocation seems to favor large cap stocks. Retirement fund seems ok. Anything else?
Thanks