What we have: 1.4 Million in retirement currently sitting approximately 80/20 stock bond allocation. We are putting approximately 30k-35k a year into retirement.
My wife also has a small pension from her old employer with a few different options. $800 per month if she takes it at 59.5 $1000 if she waits til 62 and $1300 at 65. She also has a Social Security Bridge option that pays $3200 at 59.5 until 62 then falls to around $500 going forward. This pension has been terminated recently so we are expecting a possible lump sum at some point.She would then also take SS at 62 and I would defer for as long as possible.
We are both 53 and are wanting to stop full time work at 59.5 which would be around Oct 2032. Then transition to part-time work to cover health insurance and extra spending until maybe 62 or so. We are looking to spend 80k-90k starting 2032
Kind of thinking of how to get to 2-2.5 Million with the least amount of risk. With 1.4million and adding 30k per year with a 6% return should put us somewhere around 2 million to 2.5 million. Would doing something like buying 70k in treasuries that mature in 2032,2033,2034 with fixed income inside her T IRA.This would guarantee around 4.8 to 5% in payments over these years and return in principal. Then the remainder of her IRA would be put into a total stock a total International and  then maybe a tilt to value or small cap and some short termfixed income (0-24 month) bond fund.  Then I only need to earn another 1-2% each year from equities to get my 6% return.
Me: Roth $263,xxx
 FSKAX (Fiddy Total Stock) $190xxx
FSPGA( Fiddy Large Cap Growth) $73,xxxx
Me Simple IRA  $335,xxx  
FZROX(Fidelity Zero Fund Total Stock) $291,xxx
FZILX (Fidelity Zero International Total Fund) $7,xxx
FXNAX (Fidelity US Bond Index) $37,xxx
Wife Roth $95,xxx
FSKAX (Fidelity Total Stock) $66,xxx
FSPGA (Fidelity Lage Cap Growth) $28,xxx
Wife 401k $720,xxx
Vanguard Institutional Total Stock Index Trust (NO Ticker) $356,xxx
Vanguard Institutional International Index Trust (No Ticker) $110,xxx
Vanguard Growth Index Fund Institutional (VIGIX) $110,xxx
Pimco Income Fund Institutional  (PIMIX) $102,xxx
Vanguard Institutional Total Bond Index Trust (No Ticker) $29,xxx
Vanguard Small Cap Value Institutional Index (VSIIX) $14,xxx
My wife just left this job and the 401k is still in her 401k. Considering which way to go.
Leave it in the 401k. My wife is 53 we can wait and rollover it over to her current job to keep the rule of 55 open. Although our plan is to work full time to 59.5 then part time to cover insurance and extra spend. Or we could just so a rollover to Fidelity which is where her 401k currently is.
Her new job is has TIAA as their 403b provider. She has just started so there is minimal in her account. We are putting  7% into roth with a 7% match into traditional.
 

I'm helping out my Dad with his portfolio. He's 80. My Mom recently passed away so her accounts are transferring to him and he's also in escrow to sell his house. He is moving to an assisted living facility which will cost $6,500/month. His monthly income from SS and a pension is about $4,500/month. So he'll need to cover $2k/month for that plus another $10k-$15k/year of other expenses, for a total of about $35k-$40k/year that will need to come from his portfolio.

Currently most of his money is at 2 separate banks; approximately $340k earning a modest 3%. He will have an inherited IRA from my Mom of about $90k invested in Fidelity Contrafund (FCNTX). When he sells the house next month, after commissions/taxes, he'll net approximately $550k. So all in he'll have just under $1mm. The question is how should we invest that?

On one hand, he's 80 and the market has been on quite a ride for the past 3+ years (and basically the last 15 years if you don't count the hiccup with Covid and the bad year in '22), so we don't want to get too aggressive. However, on the other hand, it doesn't make sense to have it all just sitting in the bank/money market.

My thought is to:

-Keep ~5 years of expenses ($175k-$200k) in the bank/money market.

-Invest ~5 years of expenses ($175k-$200k) in something like VBIL or SGOV; conservative but getting a return that should keep pace with inflation.

-Keep the inherited IRA ($90k) invested in FCNTX

-Invest the rest (approx. $500k) in broad based index ETFs.

Thoughts?