No. of Recommendations: 0
Rayvt writes:
I created a spreadsheet a few years ago, to figure it out.

Thanks, Ray, for an excellent answer based on actual calculations. I notice that intercst's web page provides further reason to go with early distribution (you might die, and they might mess with the rules) so it becomes even more of a good decision.

It still seems a bit counterintuitive to me (waiting patiently and getting a bigger monthly payout just seems like it must be better), but I'm happy to go with the way the calculations go. Your spreadsheet makes clear to me why FIRECalc's results are the way they are. I won't have to make up my mind for several years so it's not like there's any rush, but it's good to have a plan.

Print the post  


The Retirement Investing Board
This is the board for all discussions related to Investing for and during retirement. To keep the board relevant and Foolish to everyone, please avoid making any posts pertaining to political partisanship. Fool on and Retire on!
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.