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Are you sure this is correct?

It is correct for your own IRA and for an IRA you inherit from your spouse.

I know it isn't correct for RMDs of an inherited IRA. For that, look up the divisor once, and each year thereafter you must reduce the divisor by 1.

You are also correct. The method you describe is correct for an IRA inherited from a non-spouse.


PS - I the back of my mind I've got this nagging voice that is saying there are sometimes different methods of figuring the RMD from an IRA inherited from your spouse. Probably when the ages of the spouses are more than 10 years apart. But don't hold me to that one.
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