Post #425 by Sbnorfl on the Retirement Investing board

Personal Finance Topics / Retirement Investing

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Looking for some advice, my wife and I are both newly retired. We are both 60 years of age. All retirement monies are in 401(k)s approximately 2.2 million in traditional form case that we would have to pay taxes on upon distribution and approximately $300,000 in a Roth. Expenses, our houses Paid for our vehicles are paid for we just have day-to-day living expenses, property insurance insurance, utilities, health insurance, etc. I’m looking for some advice on the best way to manage the 401(k) distributions regarding taxes, etc. and any advice would be helpful

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