Need to take the risk off which means I need inflation!  While everyone thinks inflation is a bad thing that is not true for high wealth individuals!  If inflation is 10% and interest is 10% and you have 10 million in the bank you are always on the plus side of life!  Let me explaing if you need 500k to live comfortably and inflation is 10% next year you need 550k.  However, you have 10 mil in the bank so instead of 3% or 300k where you run a deficit you make 10% you earn 1 million so you are 450k to the good side of the retirement leger!

Common sense says if inflation is greater than interest rates you are loosing wealth which is sort of true but high wealth retirees are actually gaining comfort!