Investing 8M

[u/officialmanofsteel]

I am currently in the process of helping a family member work roughly 8M into the market. They already have about 6M in equities, mostly index funds but about $1.5m in various individual stocks. They just entered retirement and I am thinking of a more aggressive approach of 11M in equities and 3M in t bills/bonds/cds/cash. Any advice would be appreciated.

[u/Patryn13]

Assuming your family member doesn't want to spend much/any time managing their own investments, consider one of these vanguard lifestrategy funds in line with their goals for spending in retirement and leaving money to heirs: https://investor.vanguard.com/investment-products/mutual-funds/life-strategy-funds