I recently retired (age 65) and my husband (62) will continue working for a couple more years. We’re very comfortably set financially but everything (other than around $75,000 in checking/savings) is in investments, including taxable and tax-deferred accounts. I receive a pension but am not taking social security yet. I’m looking for recommendations for how to start tapping into investments for cash flow. Conventional wisdom is to tap taxable investments first, but others say to reduce tax-deferred accounts first to reduce RMDs down the road.
Does anyone have any resources (e.g., books) for how to manage cash flow?