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I'm married and have retired at the age of 58. My company pension plan pays me about
$2000/month. Included in my retirement plan is family med/dental at standard employee
rates. Have long term disability coverage for me and my wife.

I have one child who goes to college next years and 'if' necessary, I have the entire cost
covered via stocks/mutual funds holdings. Cars and home are paid for.

My company 401 and it's balance of about $500,000 were left with the company I
worked for when I retired. I have full access to it and have not started any withdrawals
from it. I am subject to the required 20% holdback for taxes but am NOT subject to the
10% penality for withdrawals. Once withdrawals start (ie; an amount or percentage/
month) that amount can never be reduced, only increased at my request. At some future
time, I can withdraw all or part or roll overover the entire into another plan if desired.

I am thinking of starting a $2000/ month withdrawal with the 20% deduction for taxes.
The monies in the company 401 are/can be put into a number of different accounts
ranging from cash accounts to large cap, small cap etc. Assuming my 401 returns grow
at a greater rate that the $24000/YEAR I want to take out monthly . . . WHAT HAVE I
OVERLOOKED in this situation before I start taking a distribution??
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