loreng4779 Date: 8/2/99 11:28 AM Number: 12702 My retirement funds are 40% taxable, and 60% tax-deferred (IRA etc). Does anyone have a formula, calculator, or even a rule-of-thumb to guide me in determining which I should take distribution from first for retirement living expenses.I'm sure I don't have a complete answer. One piece, though, is that I would ensure the IRA withdrawals were at least enough to max out the 15% tax bracket. If that turned out to be more than you wanted to spend, I'd reinvest it taxable on the grounds that 20% capital gains will be a better deal than 28% income.
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