<prompt> Human: Hi everyone,As the title says, both my parents will be retiring in the next 5 years and have started wondering what to do financially.They own a house which is fully paid off, and have no outstanding debts. The 10,000 a month they will be receiving is a combination of both their pensions and passive income from a business my dad owns.They are not looking to buy another property and thus are wondering what best to do with their money.  <response>: I dont know what their current standard of living is but 10k a month with no mortgage is a shit load of cash for most people. Sounds like they can do whatever they want. 