The $400k is not over and above. It is part of the $1.1M total invested. Not a lump sum either. It is money that is accessible from pre-tax retirement savings as I retire from the university or leave the position (457 and 403b accounts). I don't have to wait until age 59.5 to access or have to pay the 10% penalty to access but it will be subject to income tax. The nice thing is, I can control how much I take out each year (control taxes and income level). I can roll it over to ROTH while controlling income too.