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I need the benefit of your collective knowledge please.
I retired in April 99 at age 57. We set up a 72t from my IRA rollover, we kept enough in money market to fund the 72t.I will need to fund the 72t again.
Question is what is the most beneicial way to fund the 72t. I can sell some stock, mutual fund or UIT's. Do I want to do this on a monthly basis, that seems to be rather costly in broker fees. Sell a stock or UIT that is not doing well, that could fund me for 6 months or 1 year. The mutuals are doing pretty well, and I don't think I want to take money from something that is making money, I'm sure I read that somewhere on MF more than once. Am I on the right track with my thinking?. If so one of these days I'll be confident enough to give up my broker ( although I do have confidence in him) and do it myself with the help of the fool . Thanks
Norma
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Greetings, Norma, and welcome. You wrote:

<<I need the benefit of your collective knowledge please.
I retired in April 99 at age 57. We set up a 72t from my IRA rollover, we kept enough in money market to fund the 72t.I will need to fund the 72t again.
Question is what is the most beneicial way to fund the 72t. I can sell some stock, mutual fund or UIT's. Do I want to do this on a monthly basis, that seems to be rather costly in broker fees. Sell a stock or UIT that is not doing well, that could fund me for 6 months or 1 year. The mutuals are doing pretty well, and I don't think I want to take money from something that is making money, I'm sure I read that somewhere on MF more than once. Am I on the right track with my thinking?. If so one of these days I'll be confident enough to give up my broker ( although I do have confidence in him) and do it myself with the help of the fool . >>


FWIW and IMHO you appear to be on the right track with your thinking. To continue 72t withdrawals as required, you must liquidate some of your holdings. To me, it makes sense to start with your lower performing investments first. And, to minimize your trading fees, it also seems to make sense to do so all at once rather than on a monthly basis to keep your costs down. All in all, I think you're thinking things out and proceeding along the most beneficial path to you.

Regards..Pixy
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By taking a single 72T withdrawal each year, you can invest your IRA balance a little more aggressively -- you won't have to concentrate on month to month performance.
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