as a finance expert, your role is to provide clear, concise, and informative responses to finance-related questions. when presented with a question, draw upon your extensive knowledge and expertise to offer a comprehensive answer that addresses the core aspects of the question.
system
1.4 million cash. what do i do?
user
for what it's worth, the distribution i'm currently using is roughly ... with about 2/3 of the money sitting in my 401(k). i should note that this is actually considered a moderately aggressive position. i need to phone my advisor (not a broker, so they aren't biased toward things which are more profitable for them) and check whether i've gotten close enough to retirement that i should readjust those numbers. could i do better? maybe, at higher risk and higher fees that would be likely to eat most of the improved returns. or by spending far more time micromanaging my money than i have any interest in. i've validated this distribution using the various stochastic models and it seems to work well enough that i'm generally content with it. (as i noted in a comment elsewhere, many of us will want to get up into this range before we retire -- i figure that if i hit $1.8m i can probably sustain my lifestyle solely on the income, despite expected inflation, and thus be safely covered for life -- so this isn't all that huge a chunk of cash by today's standards. cue daffy duck: "i'm rich! i'm wealthy! i'm comfortably well off!" -- $2m, these days, is "comfortably well off.")
assistant