Retirement account
Hi soon to be 56M with a bit over 1.1 million in retirement accounts. Includes about 28% in bond etf, 325,000 in Roth 401k, and rest in a couple individual stacks and majority in traditional IRA. I contribute 22% in Roth 401k and my employer matches 5%. I make 152,000 per year. Plan to go part time at age 60-65 and fully reiterate at 65. I also have 140,000 in money market and 80,000 in equities in brokerage account. I would like to spend between 70-80,000 per year in retirement which does not include my projected social security at 67 close to 4000 per month. Is it smart to continue contributing 22% to my 401k or should I cut back some. Thanks
u/Fresh-Tip2147 — 6 days ago