No. of Recommendations: 0
Looking for the formula for 401/403 withdrawl. Knowing that I have to start withdrawl at 70 1/2, I have looked for a formula of withdrawing. Let say I would like to have my 401 last me 25 years, (age 95) with a growth of 5%. Yes, I can set it up on a spread sheet which will show me how to get there. Is there a legal minimum? Do most do a fixed $ amount or by %? Have looked at the boards, but not found the answer to this.
Thank you all,
Print the post  


The Retirement Investing Board
This is the board for all discussions related to Investing for and during retirement. To keep the board relevant and Foolish to everyone, please avoid making any posts pertaining to political partisanship. Fool on and Retire on!
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.