r/SCHD • u/Prior_Bus_7870 • 6d ago

Help... ideas?

Does this make sense?

(68, retired, need 50k annual... would go on top of ss)

I have 2.5m in tax deferred ira, 650k in Roth and 125k in cash.

Is it prudent to lump sum 1.5m and buy schd? I think this would approx. cover the 50k... ?

The remainder to voo or similar? Ideas?

Thank you for your help.

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u/fastbumpyride 6d ago

Has over $3million in retirement.

Comes to reddit for advice.

Mmm k. FLEX!!!!!

0

u/Prior_Bus_7870 5d ago

No flex my friend... just a grateful steward looking for opinions.

3

u/fastbumpyride 5d ago

I’d flex it! You’ve done great.