WDTV News Segment Beacon Wealth Management Solutions 4 Financial Independence with John T. Halterman. I am getting ready to turn 62 and plan to retire. I will have social security, company pension, an IRA rollover, and a roth. I was thinking about taking some money out of my IRA because it has a lifetime income benefit which my Roth IRA does not. The only catch is the benefit would be a percentage point higher, 5 instead of 4, if he waits until he is 65 to start. What are some things he should consider?