Would like some advice from the experts on the forum
Current: Retired 6/1/2018 @ 63
Current Plan:
Delay SS until 70
Indexed Annuity @ 70
85K cash
850K IRA
75K Roth
Spouse SS and small pension
Conservative lifestyle with only small mortgage as debt (<40K)
Wish to apply for ACA subsidy next year until MCR is available in 18 months So minimizing income for 12 months is important.
Question: Best strategy for income for the next 6.5 years? without working
Fixed Annuity from IRA?
Regular distributions from IRA?
Other
Thank you
Current: Retired 6/1/2018 @ 63
Current Plan:
Delay SS until 70
Indexed Annuity @ 70
85K cash
850K IRA
75K Roth
Spouse SS and small pension
Conservative lifestyle with only small mortgage as debt (<40K)
Wish to apply for ACA subsidy next year until MCR is available in 18 months So minimizing income for 12 months is important.
Question: Best strategy for income for the next 6.5 years? without working
Fixed Annuity from IRA?
Regular distributions from IRA?
Other
Thank you