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My husband and I want to retire in five years. We are 36 ad 38. We have 700k in 401k, 403b, 457, and IRA's. 250k in cash/taxable investments. I also will get a small pension. Since we obviously can't cash out our retirement accounts until age 59.5, we plan to redirect future savings to taxable accounts. Our goal is to have 40k/year for life which means we need 1.25 million. We plan to save that amount over the next 5 years.

So my questions to you all are:
My husband gets a match on his 403b contributions. Would you continue this, knowing the money will be tied up for 15 years or so?

How do retirees get their money? Just interest and dividends or are you selling stock monthly as well?

All our retirement money is in stocks. Would we do better by putting the new savings in bonds and leave the long term money in equities? Or should we invest both groups of savings the same?

Thanks!
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