Hi I am 62 yrs old. and is scheduled to retire in 7 to 20 months depending on my own decision.
I am asking advice on options regarding investing my pension and assets to support me thru my ret.
I have about $900,000 pension(Sep-ira) in Vanguard MF
another $300,000 pension (sep) in Neuberger-Berman MF
About $345,000 inTreasury Direct which is maturing in months.
About $350,000 in different stocks, bluechip thru DRIPS
About $2,000,000 in Mutual funds(Vanguard, Fidelity, T. Rowe)
About $500,000 in CD.
Any suggestion on options to have a cash flow of about $60,000/yr.
I will also get about $26,000 SSS. Wife I think will get half.
House and vehicles all fully paid.
I am asking advice on options regarding investing my pension and assets to support me thru my ret.
I have about $900,000 pension(Sep-ira) in Vanguard MF
another $300,000 pension (sep) in Neuberger-Berman MF
About $345,000 inTreasury Direct which is maturing in months.
About $350,000 in different stocks, bluechip thru DRIPS
About $2,000,000 in Mutual funds(Vanguard, Fidelity, T. Rowe)
About $500,000 in CD.
Any suggestion on options to have a cash flow of about $60,000/yr.
I will also get about $26,000 SSS. Wife I think will get half.
House and vehicles all fully paid.