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'sproblematic, it's the spending.OP indicates SS > expenses, so theIRA distribution is going to ???
Best Of |
Favorites & Replies |
Start a New Board |
My Fool |
BATS data provided in real-time. NYSE, NASDAQ and NYSEMKT data delayed 15 minutes.
Real-Time prices provided by BATS. Market data provided by Interactive Data.
Company fundamental data provided by Morningstar. Earnings Estimates, Analyst Ra