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The simple answer would be to put it in a Vanguard Retirement Fund - Probably the 2005 Fund. - You are basically talking about a 3.8% withdrawal rate. You could set it and forget it basically. This would be my choice if you are not interested in investing and spending a lot of time investing.
Stay away from financial planners, as they are only interested in lining their pockets.
Any answer here will involve predicting the future a bit. - So is this absolutely safe? - No - But then again in this life nothing is safe!
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