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REDDIT

Investment strategy for retired person

C
Jan 19, 2026 · 15:37

Parent retired with a small pension and about 50k in cash. Doesn’t immediately need the cash unless a major house or vehicle repair comes up. Wants to grow the money better than a cd or savings account. Deposited 25k of that into vanguard…. Trying to decide allocation based on the above and fund recommendations. Parent is mid 70s. Thanks