I am not too concerned with taxes as there are ways to get around those.
This is what I think our portfolio and income might look like:
2016 (first full year retirement)
Big stinky pile of cash $350,000 from sale of house, cars, and possessions we don't need. Invest $320,000 in 2 year, 3 year, 5 year CDs, depending on rates. Keep $30,000 in actual cash.
401K balance $600,000 (stocks)
Roth 401K balance $40,000 (stocks)
IRA balances $75,000 (stocks)
Roth IRA balances $55,000 (stocks)
Taxable investment accounts (stocks) $250,000
Ibonds $50,000
Total investment portfolio about $1,400,000
Taxes in 2016: Dividends from taxable account $5,000, Interest from CDs $8,000, IRA to Roth conversion $9,000, total reportable income $22,000.
total taxes paid 2016 for married couple: $0 (estimated using 2013 tax software)
total money actually available to spend in 2016 $43,000.
ACA MAGI for 2016 $22,000, ACA silver plan cost for couple (45,46): $775/yr
Roth balance increased by $9,000 in 2016.
2017, 2018, 2019, 2020, 2021, 2022, 2023 should be similar. At 2024 or so we may start pulling some of the Roth conversions out (tax free) in order to stay in the 0% tax bracket and cheap healthcare.
#workthesystem (just kidding, I have never tweeted)