What to do with $100,000

[Mr.Monty]

My wife and I hung up working last year me 63, wife 62, we are living off savings and have $165,000 in the bank. We just moved our IRA's over to VG, but some aren't fully invested yet( money just got there from cancelled annuities) We will be moving about $40,000/yr from IRA's into Roth's to have funds available to draw on and save on taxes while we're in the 15% bracket. We have been keeping all that money in the bank just as a security blanket, but should we move at least 100,000 into a taxable account at VG and draw out from the new account or the Roth's as needed?
We have no debt and our normal living expenses are less than $40,000/yr.

[Abe]

Do you already have money in the Rothschild to draw from? If not, are you doing an IRA to Roth conversion ladder? You'll need to wait 5 years to start drawing if that's the case. In the mean time use long term gains from a taxable account and you'll pay 0% federal tax at your living expenses. If you'll be using that $100k for the 5-year bridge I don't think you'll get anything except more risk by investing in stocks. May get a few thousand in interest from a bond fund. If that $100k is for years down the road then go ahead and put in a taxable account.