No. of Recommendations: 0
The default rule is that all funds must b out withing five years after the year of death; the "Stretch" is the exception, and it requires commencing the RMDs by the end of the first year after the year of death. What percentgage actually do so?

Good question. In my anecdotal experience, the major of clients I have in that situation do - but not all of them (problem less than half) continue to take ONLY the RMD after they start.

I encourage most to take the RMD and offset it with an increase in their 401k or TIRA and most will start doing that but the discipline to do it for decades appears to be lacking for most benes I have worked with. It seems the more affluent, the more responsible (shocker right?) the bene tends to be.
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.