<prompt> Human: Hello personalfinance, I was told to post here from my granddaughter.Ive read the I have X, what should I do with it? and most of it does not apply to me. I dont have my whole life to save for retirement, and I dont need to! Im already retired.Recently I was left 400,000 after taxes. Being 75 years old, I get a VA check from the military and my social security check. This gives me about 30,000 a year to live off of, which I do ok with. Things could be a bit more comfortable! Drawing interest every month would be attractive.A few things about myself. I used to own a business and I was pretty well off until 2008 and my wife passed. Ive managed money before, just not of this size. Im a great spender and I always look for deals. I know a little bit about investments, bonds, stocks, and the like. I stopped doing it so much when I lost money in Enron.I do have an emergency fund setup already, and a well running vehicle. I live in a house that is nearly paid off entirely. I have no debts. All of my taxes are in order with the IRS.Im in pretty decent health, and Im not a big spender. I know not to give money away, and no one but my granddaughter and daughter know about it.I plan on living to be at least 85, and Ive got a lot of zest left for life, and I can work! Since I have most of the basics down, Im not sure what to do with the money to make it work for me, and my grandchildren in the future! Id like to leave them a healthy amount one day, but I am not sure where to go from here. I can live fine off the money I already have as income, so I do not need to spend this!So, vicariously speaking - if you were me, and had 400,000 at my age, what would you do to multiply this money as quickly and safely, but I dont mind a bit of risk, and I definitely dont mind getting to work! as possible in 10 years? Would you buy real estate and fix houses? Would you buy land? Would you invest in stocks? Im curious and would love to hear the opinions of personalfinance on my uncommon issue!  <response>: You dont need to multiply the money. What you need is something safe to do with it. Paying off the house is a guaranteed savings on that interest and will improve your monthly cash flow. I agree with other posters that traveling with family would be a wonderful experience for all of you. Low cost mutual funds and 50 in bonds are sensible. Perhaps an annuity, but I know less about them. 