The Motley Fool Discussion Boards

Previous Page

Investing/Strategies / Retirement Investing

URL:  http://boards.fool.com/a-withdrawal-of-1000-per-month-from-a-240000-29962799.aspx

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