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Author: billjam Big red star, 1000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 19821  
Subject: Re: IRA Income Date: 9/11/2000 11:11 AM
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My general answer would be to live off the non-IRA investments first. That let's the IRA continue to grow tax deferred. However, you need to project out to 70 1/2 and see what you might be looking at for required minimum distributions. If your IRA is already large it might be tax advantageous to take some of it now so you can spread out the withdrawals. The taxes on sales in the non-IRA account to fund current living may also influence your decision.

Sorry, there is no cut and dried answer. Too much depends on your specific circumstances. If you're handy with a spreadsheet program you can probably play around with the options yourself. If not, an hour with a CPA might be a good investment.

Congrats on reaching the 59 1/2 milestone. I have 4 1/2 years to go but am enjoying retirement on SEPP distributions supplemented as needed by my non-IRA investments.
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