No. of Recommendations: 1
Not really. Even at age 100, the RMD percentage is less than 16%. One should never expect their IRA to be depleted due to RMD. One should expect at some point that the IRA will no longer grow due to the RMD but there should always be some money in unless you take more than the RMD.

I think the calculator I used showed the account effectively running out at 118 years old. I don't expect to live that long but with enough years, yes, the gov't wants you to pay taxes on that money. Could there be pennies stretched out forever? Semantics. The useful nature of the IRA runs out eventually even if just using RMDs.

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.