The Motley Fool Discussion Boards

Previous Page

Retirement Discussions / Retirement-Soon or Done


Subject:  Naive question Date:  4/26/2012  11:34 PM
Author:  gabriellewill Number:  158 of 178

I am wondering how one gets a disbursement from ones retirement accounts. Say I have $500k in my 401k, SEP Ira and regular Ira how do I withdraw these funds to support my retirement? Do I have to select which bonds funds or stocks to sell to get my 4% suggested withdrawal? I am not in favor of an annuity as it would disappear on death. Yes I know you can tailor these to provide a survivor income but it still seems dodgy to me.
Sorry to sound so clueless but I need to know the mechanics of withdrawing these retirement savings I have worked so hard to acquire
Copyright 1996-2018 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us