Subject: Re: Portfolio for a 90 year old
The thought that keeps buzzing around my head is something my father once said to me.
"If it's not worth doing, it's not worth doing well."


Seems to me that the attempts here are basically trying to optimize a not-so-good (arguably bad) situation. If you don't have enough money, you don't have enough money. Rearranging it does not change that.
Only about 25% of 70 year old men make it to 90.
Only about 3% of 90 year old men make it to 100.

Buy a BAC or WFC preferred. Paying 6% yield. Done and done.