re: Retirement investment options and expected return

Mine is mostly stock with about two years of current spending in cash and one year in a floating rate fund. However, I am getting an annual payout from an ESOP over the next four years which will be in cash, and each payment will be in the neighborhood of two years of my spending. So I will reallocate as those payments come in.

I am 58 but already retired. I expect to start taking Social Security starting at 62. In projecting future assets, in all cases they are highest the earliest I take Social Security.

I am not married. If I had a wife who was much younger than me I would consider waiting until 70 to take Social Security, but the math says I will have at least 1.5 x more assets at that age if I take it earlier, more if the market is better, and that continues for as long as I have projected. I suspect the "wait until 70" rule only works if you "work until 70". If you are already drawing your assets down it's probably best to get SS as soon as you can. Also consider that if you wait until 70 potentially more of your 401K/IRA savings will be consumed by taxes because of RMD's starting at age 73.

It's probably a crap shoot to project anything over two years anyway.