Dave Ramsey

Yeah, the least efficient.

How old are you?

55.

55.

Okay.

You're not going to be able to touch your 401ks, as you know, until after 59 1⁄2, but you don't want to touch them anyway because everything you're withdrawing there is going to be ordinary income, as you know.

And if you've got some index funds that have appreciated, your withdrawals on that will be at capital gains rate.

So that's pretty tax efficient.

You probably have some stocks that you could begin to liquidate that the gains would be at capital gains rate because you've held them more than a year.

And so capital gains rate, what's your income?

About 350.

Yeah.

If you break that, I believe it used to be 400.

I think it may be 450 now.

Then you get into a 20% capital gain instead of a 15.

But talk to your tax advisor, your financial advisor.

But I think you're going to liquidate the non-401k stuff first.

And you're not going to liquidate anything.

You're probably just going to take the income off of it, the growth.

Yeah, I just want what I need to live on monthly.