I'd really appreciate some financial advice for my mother in law. We live in the UK, she's 68 years old, and lives on a very low income of £6350. She's had to lead a very mustachian lifestyle since her marriage brake up. She lives in a very expensive area and after many years of trying, we've finally managed to persuade her to sell her house and get something cheaper to free up some capital. Her house is worth over £600,000, and she's decided to move nearer us, where a similar sized house costs £300000, and a nice smaller house can be bought for about £180000. So my questions are if she manages to free up a minimum of £300000, where would be the best place in invest it? Vanguard funds are now available here in the UK, I'd like to hear people's thoughts on suitable stock/bond ratio. And regarding the 4% withdrawal rate, would she take that out annually by selling some units? Or monthly? Many thanks in advance, I've learned so much from this group already. Cheers.