Subject: Re: wife and I are 83 no kids-no need for any money to
If there is no plan to leave money to anyone or institution, it seems to me at this age, one should assume an optimistic life-expectancy of 100, and the best approach would be a split of bonds and stocks, with majority (e.g., 60-80%) of money spreading out in a few months up to 10 years bonds, and the other portion in super-safe stocks like BRKB or index funds.