While the big news is that Bernie was sentenced to 150 years, I'm more interested in what happens with Ruth. Of course, there is the question of what did Ruth know and when did she know it??? It is, however, the daily living questions that I am hoping that the tabloids will report on.
1. Where to live? She will be living on the returns of $2.5million which should bring $100-125,000 per year. No way could she continue to live in Manhattan--COL is too high and the unforgiving attitudes of the Manhattanites who are now even poorer than she is would make living there very uncomfortable. Perhaps, Florida where the prices of condos are exceptionally low just now. OTOH, living in Florida would make it difficult to visit Bernie who will be somewhere in the Northeast.
2. She will need investment advise on the best way to make her $2.5 million last another 20-25 years. Who could she trust with her life savings??
3. That brings to mind, she will need someone to do her 2009 income tax returns; I doubt if TurboTax will suffice. Can you just imagine the accountant she asks to do her taxes???
4. What if she gets sick? Does she have health insurance? Medicare? Medicare supplemental insurance? Long term care insurance?
5. Can she draw her own or Bernie's Social Security?
5. What will she drive? and can she afford car insurance, maintenance, gasoline, and license fees?
6. Will her children help her or do they have financial problems or job loss problems of their own.
One thing is for sure, life as she knew it is over.
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