<prompt> Human: Greetings,I will be retiring very soon - 62. I will have almost 500k in IRA and 401Ks and another 600K in other investments at that time with no debt. I will also have a pension of 2K per month. My plan is to draw down closer to 6-7 of my total investments now rather than the recommended 4 and hold off till I am 70 to start Social security which at that point should be 42K, and then throttle back the withdrawals to 1 or 2.Does that sound reasonable?  <response>: Retired here, and this seems reasonable to me. It is excellent that you plan to wait until 70 for SS; I am doing so as well; 68 in April! There is no investment which gives you a similar guaranteed investment. Were you born after the cut-off for the restricted spousal benefit? I am guessing so; too bad. I am collecting 11kyear and every little bit helps.I definitely think that the truly conservative approach is to use other available assets to delay the SS, though it may seem imprudent to others. I called SSA some time last fall, and the difference in my benefit from beginning it at that time versus waiting until 70 was all of 700month. I think of it as longevity insurance. 