The standard from what I've read seems to be this:Retirees should withdraw funds as follows:-- From their taxable accounts (investment and others)-- From tax-deferred accounts (401(k), 403(b), 457, SIMPLE IRA plans, etc.)-- From tax-exempt retirement accounts (Roth IRA, or Roth-optioned accounts)The goal is to effectively liquidate accounts which are subject to higher taxes,</snip>As long as the tax rate on capital gains and qualified dividends is 0% for a large number of retirees (0% on the first $35,350 for singles, $70,700 for married), a taxable account is as "tax-advantaged" as a Roth IRA.An annual withdrawal of $70,700 is 4% of a $1.78 million portfolio. And if you're taking a capital gain, some portion of the proceeds is likely to be a tax-free return of capital, so $70,700 will cover much more than a $1.78 million portfolio.intercst
Best Of |
Favorites & Replies |
Start a New Board |
My Fool |
BATS data provided in real-time. NYSE, NASDAQ and NYSEMKT data delayed 15 minutes.
Real-Time prices provided by BATS. Market data provided by Interactive Data.
Company fundamental data provided by Morningstar. Earnings Estimates, Analyst Ra