When to draw on 401k and 457
When to draw on 401k and 457 I recently retired at age 48. I have a pension where I receive $6,700 a month after taxes. My pension should increase by 2% every year through cost of living adjustments. The pension is through state government, so it’s very secure. I also have about $330,000 split about evenly between a 401k and a 457, so $165,000 in each. I always figured I wo…