Welcome to the forum, 1q!
We would all love to throw caution to the winds but we are a cautious lot, in general.
The answer is "it depends". Specifically, it depends on what your expenses are now and what they are projected to be in retirement; whether DH (dear husband) will have a pension, whether it is COLA'd, and whether you can get health insurance. The conventional wisdom around here is that you should not plan on spending more than 4% of your nest egg annually ($40K) but there are many other variables. If your investments are all risky, 4% might be too brave. The more information you provide, the more people will chime in with an opinion!