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URL:  https://boards.fool.com/kodb-asks-we-have-about-900k-in-an-ira-about-31076129.aspx

Subject:  Re: Using saved money for retirement Date:  1/20/2014  4:14 PM
Author:  intercst Number:  18933 of 21053

KODB asks,

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?

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Since the $900k IRA makes up such a large portion of your assets, I'd start with that.

intercst
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