[Ron]

I agree…I would invest the Roth aggressively. I am 73 and that is exactly what I do. I hope I never have to spend it down and that my kids will get it.

As for a portfolio for the rest, I would wait at least 6-months to invest. I think we will slip into recession over the next 6-months. I would wait for 3500 on the S&P and then start feeding money regularly into the mkt over the next year. This recession may be steep. Do not lose heart.

Me? I would put 75% in VTI (total mkt index) and 25% in VUG (Growth)

[St Patrick]

You followed a very sound approach by having someone manage it when you did not have the bandwidth to do so yourself. That was the best choice then, and managing it yourself is the best choice now. Kudos to you!

For the long-term investing, I would just dump it into a low-cost index fund at Fidelity or Vanguard. For the Roth IRA, you might consider a low-risk, low-reward investment as you are more likely to access that money sooner.

When you are in a place to think about it, you may also wish to consider doing some Medicaid planning in the event your mom needs additional care at some point in the (hopefully distant!) future.

[Author]

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