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Author: PucksFool Big gold star, 5000 posts Top Recommended Fools Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 75839  
Subject: This would be much easier ... Date: 1/27/2014 9:20 AM
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... if we just knew how long we are going to live.

http://www.marketwatch.com/story/irs-unwittingly-gives-retir...
It's really hard for retirees to net large real returns on investments, so most people have to guess how long they will live and choose a retirement budget that will stretch savings over those years and hope for no adverse financial extremes along the way. There may be a better way!

There is a way to practically ensure that a retiree will never run out of savings and still enjoy the fruits of good market conditions. That's to use a subset of the required-minimum-distributions (RMDs) from IRS Publication 590 . All those who have a qualified account (an IRA or employer savings plan) and are over 70 know about RMDs. They use the factors that apply to the original owners.


PF
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