Greetings, Crawf, and welcome. You asked:<<I plan to retire in two years. I will have a pension plan to draw upon plus s.s. plus my 401K. According to most formulas, I can cover approx. 60% of my income needs from my pension plan and s.s.. Therefore need income from 401 K for the balance. In order to keep my nestegg intact and also provide income--what would be the best investment strategy for my money. Some in fixed income, perhaps enough to cover income needs and the balance in stocks? Would appreciate input, advise from those who are near or have retired. >>There really is no "best" strategy, only one that enables you to sleep soundly at night while providing for your needs. Much depends on the amount of supplemental income you need, how comfortable you are with risk in the investment marketplace, and how long the money invested can work for you. Hotfoot already provided you a link to the 23 some-odd posts on this board that cover some of the issues involved in this very personal of decisions. IMHO you should read them as they provide much food for thought and may help as you struggle to reach an allocation that meets your need.After you've looked at those missives, you may wish to discuss your situation further. Just ask here or on the Retired Fools board in the Fools of a Feather folder. We're easy and friendly. Someone will be sure to offer a comment or two.Regards….Pixy
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