More likely more along the lines of cash preservation and a lot more conservative like bonds and treasury bills.With that kind of scratch all you need is 3% annually even 2% would get you 400k!

I'm not convinced it will work out as well as they hope, but at least they can park cash in short-term Treasuries at 4.5%+ for the time being.

Meanwhile the bond market is sounding every alarm it has with Treasury's fully under 150 basis points, Eurodollars futures being equally bent out of shape, P/E ratios are putting on a comedy show.So how does this proceed? 

The Dow dropped 275 points in June 2012; then the 10-year benchmark Treasury yield dropped to 1.47.36—the lowest rate in more than 200 years.

If you want safe returns buy treasury notes but you need a lot of capital to live off passive income at 2% returns.

Treasuries are a better deal at 2.75%.

A low risk investment, like bank CDs or treasuries, has a very narrow range of possible returns.  

The IRS believes you can't actively manage rentals with a W2 job"I think you're trying to convey something else or mean something else by this statement...there is no code section, treasury reg, rev proc, revenue ruling, or official statement that says this..."

Hopefully this helps.https://www.state.nj.us/treasury/taxation/lpt/TaxL...

There are still many gray areas for which the Treasury and IRS have not made clear regarding documenting and guaranteeing that the actual deferrals, cost basis reductions and permanent exclusions will be honored in any given business and property combination.This alone has tempered my interest in Opportunity Zones.