My parents (divorced) recently sold their house. My 70 year old dad doesn't have plans to buy a new place, and is currently renting. He has a good chunk of money from the sale but doesn't really know where to put it. I don't know the exact number but somewhere around $400,000. He has never really cared much about investing and isn't very educated on the matter. I have limited knowledge as well so I can only help so much. He wants to just let it sit with relatively low risk but he's also said that he'd like to use some of the interest or dividends etc towards his cost of living. He's currently semi-retired and makes enough to just cover his expenses. What would you suggest he do with his money?