<prompt> Human: Hi, my mother in law is almost 60 and she plans to retire in 2 years. She has a 401k and a pension already. She just sold her house and downsized to a small apartment and she has 25k profit in the bank.If she has no plans for the money but to save it for retirement what would be the best place for it if she wont necessarily need it in 2 years? Id hate to stick it in a 1 savings account and then she doesnt touch it for 5 years. When it could have grown at a much better rate.Any advice would be appreciated! Thanks!  <response>: She could increase her 401k contributions to max out the account this year 18k in contributions and use some of the 25k in cash to replace the lost money from her paychecks. She could also open an IRA individual retirement account and contribute the maximum annual contribution amount 6500 since shes over 50. 