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Author: CABob Big gold star, 5000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 75665  
Subject: Re: calcualte my retirement plans Date: 4/6/2012 2:35 PM
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Are you sure your numbers are correct? If you have expenses of 2600 and SS income of 2850 it sounds like you are in good shape and don't need any withdrawals from the IRA.
A withdrawal of $1000 from a $240,000 IRA is 5%. Many or most recommend that initial withdrawal be at a maximum of 4% and in the current environment 4% may be optimistic.

Bob
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