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3Hotdogs

(14,058 posts) Sat Mar 22, 2025, 10:22 AM Mar 22

We're selling our house and anticipate $300k after the dust settles. -- Age 78 and 82. [View all]

The original plan was to put the money into Dow Jones, S & P and Nasdaq index funds. The goal, we want about $10k per year for expenses. The rest, to build up to have some fun and leave $ for the kids.

That was the plan before Orange Anal Fistula and a MAYBE depression or whatever else.

My head now swings towards high yield FDIC accounts for the next four years--- less return but more security.

Thoughts?

16 replies

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We're selling our house and anticipate $300k after the dust settles. -- Age 78 and 82. [View all] 3Hotdogs Mar 22 OP

Probably best to avoid the stock market for now DeeDeeNY Mar 22 #1

After we sell, we have SS and defined benefit pensions. 3Hotdogs Mar 22 #3

I recently took some money out of the stock market expecting chaos and put it in a 3 year annuity. MLAA Mar 22 #2

thoughts from anyone on T-Bills??? ret5hd Mar 22 #4

Our credit union, FDIC insured as long as Project 2025 keeps their hands off of that. Hope22 Mar 22 #5

Definitely don't want to be an alarmist but might want to check out Project 2025 on FDIC EverHopeful Mar 22 #6

I am currently doing a government money market fund anciano Mar 22 #7

Retirees need zero risk income producing investments. usonian Mar 22 #8

We went snowybirdie Mar 22 #9

CDs yield 4.35% for 1-3 months and down to 4.15% 5 years out. surfered Mar 22 #10

This message was self-deleted by its author surfered Mar 22 #11

In a similar position Bmoboy Mar 23 #12

Essentials - $2,800 keeps the lights on, buys groceries, puts gas in the cars, 3Hotdogs Mar 23 #13

CLIP is an ETF that indexes 3 and 6-month T-bills. Pays 4.97% GreatGazoo Mar 24 #14

Thx. I like the CLIP idea. 3Hotdogs Mar 24 #15

E-Trade, Schwab, all the usual ones GreatGazoo Mar 24 #16