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Subject:  Using saved money for retirement Date:  1/20/2014  3:54 PM
Author:  KODB Number:  18931 of 21610 wife and I have saved all of our lives and are now at the point (age 60) where we want to start making use of our retirement savings.

We have about 900K in an IRA, about 175K in a Roth IRA, about 225K in cash value in Universal Life Ins policies, and about 50K in a taxable MM account. In addition to a defined benefit retirement plan that provides us about 50K/yr

We've been really good at saving, but we aren't too sure how to start spending.

If I wanted to generate an additional 50K/yr out of our retirement savings, which accounts should I tap first and in what order?

Any thoughts from my fellow fools?
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