Fiveoh - thanks for the suggestions and information. I know I can do better than a -2% return!
Also, for 2013 I did not contribute to the 457K until April of this year, but when I did I took out the amount each two weeks to still get me to $17,500 (that was $1,050 per pay period). Now, starting in January and spread out over the year that equates to $635 per pay period. So, I thought I'd take advantage of the $5,000 over 50 catch up provision and go to $22,500 for the year. That's $865. So, going from $1150 to $865 won't be felt! Now I'm up to $22,500 per year!!
As to my budget (i.e., expected income : ) I was too tired to respond better last night and should have waited. My haste and sorry to waste your time. Here is a better idea of what I expect ay ER of 57:
Yearly Income (not including wife's IRA as yet in the calculations, but that will have about $75,000 in it by age 57):
$17,000 SWR from 457k ($390,000 in the 457K at 57 factored for now to 92 years old - but I'm going to 105 and still be alive! - also a modest 3% growth rate and maybe better if I follow your suggestions)
$39,000 from work's retirement plan (57 on)
$24,000 for DW's income (57 until 62)
$16,300 life insurance annuity (goes on until I die)
$25,800 from rent (two homes/not assuming and increase for these calcs., but could)
$4,000 for leave bank payout (from 57 to 62)
$22,000 from DW's and my SS (at age 62 on)
So from 57 to 62 income of approx. $126,000
and from 62 on income of approximately $122,000
We spend between about $50,000-$75,000/year right now (a guess at this moment). That includes everything (like taking care of the rentals, food, etc.). I need to put more detail into that, but it gives you a rough idea. We can do better, but for now that is where we are. Again, our only debt is the house and HELOC. No TV, I ride my bike to work 2-3 times per week and most errands, eat out modest, etc.).