No. of Recommendations: 4
MCCrockett writes,

Your Social Security benefit plus pension covers your fixed living expenses--and your Federal and state taxes on your RMD withdrawals.

You won't have to worry about Safe Withdrawal Rates until Congress realizes that taxes need to be raised to pay for Donald's Wall and Bernie's Medicare-for-all.


A lot of people seem to ignore the fact that retirement accounts are 'tax-deferred', not 'tax-free'. As others have noted, you're not required to spend your RMD, just to pay the tax on the amount of the withdrawal, which is probably less than 25% of the total for most people.

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