Conventional wisdom says that you spend down taxable assets first in retirement, leaving sheltered assets to grow tax free or deferred as long as possible and the numbers support this view.

Conventional  wisdom says that you put bonds and other tax inefficient income yielding funds in tax sheltered accounts and the numbers support this.

How do you reconcile these two correct maxims when you're withdrawing money and your assets are about equally split?  You don't need to take RMD's yet but you need income to live on and your income producing assets are in the sheltered accounts?

Roberta