Advice on guiding my mother (61) on her retirement
Advice on guiding my mother (61) on her retirement Hi all, I’m looking for advice on how to best guide my mother as she transitions into retirement. Here’s her financial situation: • Age: 61 • Not working full time, earning around $1,000/month • Savings: • $20k in cash • $180k in a brokerage account (Highly speculative assets) • $30k in a traditional IRA (Highly speculative assets) • $130k in a ...