The Motley Fool Discussion Boards
Investing/Strategies / Retirement Investing
|Subject: Re: calcualte my retirement plans||Date: 4/7/2012 12:04 PM|
|Author: 0x6a74||Number: 70494 of 75381|
A withdrawal of $1,000 per month from a $240,000 IRA is a 5% annual withdrawal rate.
Starting out with a 5% withdrawal rate has a higher chance of the OP running out of money from their IRA, if they are trying to have their IRA last at least 30 years.
and it isn't the -withdraw- that's
problematic, it's the spending.
OP indicates SS > expenses, so the
IRA distribution is going to ???
|Copyright 1996-2014 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us|