Steady 4-5% on $5 million?
portman: With all due respect, I think you're asking the wrong question.(a) Think of investments like a function with two inputs:  risk and return. You've picked a desired level of return but haven't identified a desired level of risk, so by definition nobody can recommend an investment strategy.(b) There's no such thing as a "steady 4-5% annual return from $5 million" for any meaningful definition of "steady".(c) Where did 4-5% come from? Without understanding the thought process that went into those figures, it's hard to make any suggestions.If you want to get the most out of free advice on HN, I think you should rephrase the question along the following lines:"I recently inherited a little over $5 million. I am Y years old. I plan on working until I am R years old and expect to live until L years old. My current monthly expenses are M1 and I expect those to grow to M2 over the next 10 years. I want to use my inheritance to ______. What would you do with the money?"