So we are a retired couple with decent amount of assets but nothing great but enough for a decent retirement barring unusual circumstances.
If I were to kick the bucket tomorrow the issue would be my wife. Not only does she know nothing about investing, she is terrible with money. She isn't the type to splurge on herself but she gives it away.
Obviously if I'm dead I won't be here to see it but is there anything I can do, set up, etc. to try and allocate her a monthly allotment so she could stick to that amount?
I know that isn't foolproof but I think she might be able to do better than seeing "X" dollars in an investment account and go crazy with spending it quickly.