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>> The 30k is income we already get from my husbands retirement from the military. I would like to know more specifically what to do with my contributions to the 403b. I appreciate replies so far <<

To reiterate it depends on things like your age, your planned age at retirement and how much tolerance you have for risk. Also it depends on how much you need when you retire, and that depends on your desired retirement lifestyle among other things.

Think about it this way: If you needed $45K and the military pension plus SS provided $45K, your *need* for the 403B income is a lot less than if you needed, say, $60K. If you need $60K your 403B would have to make up the $15K deficit. You'd need to plan for that account to grow to the point where you could (with relative safety) withdraw $15K a year and not deplete it down to zero. (Using common assumptions that would mean it would need to grow to about $400-500K in total.)

Since you're now about 85% in equities, if all the "inputs" above indicate you don't need anything that aggressive, I might not sell some of the equities now but would put new money into "safer" stuff to get the asset allocation more appropriate.

I am assuming you have the health care beast tackled with your husband's military retirement, so that should reduce the amount you would need compared to others who may have to buy their own individual policy when they retire.

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