Retirement Looks Secure Despite Income Gap, With Savings and Social Security to Cover Needs

You have enough in retirement savings to safely withdraw $28k/year using the 4% rule, far more than the $9,600 deficit you need to cover.

Withdraw from checking/savings first, then Roth IRA contributions if needed before 59.5. Paying 10% penalty on 401k/IRA withdrawals is last resort.

At 62, your estimated $959/month Social Security benefit could cover your entire deficit. Delaying could increase this benefit.

You're in very good overall shape with ample assets to cover retirement needs even before Social Security kicks in.

Consider working with a financial advisor to optimize your retirement plan, especially Social Security claiming strategy.