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Our monthly income is VA disability and both our SS.

I probably should have mentioned that I am a disabled Vietnam Era veteran and receive VA disability compensation that is not taxable. Unlike Social Security, COLA is not automatically applied each year. Congress must approve all COLA before VA disability compensation can be adjusted.

We currently do not take anything from investments for living expenses and I'm tired of finding things to do with that money.

It sounds as if your investments are held in taxable investment accounts. This provides you with a degree of flexibility that I don't have.

Nearly all of my "retirement funds" are held in IRA accounts. The IRS insists that I make an RMD withdrawal based on my age and the value of my IRA accounts on 31 December of the previous year.

To give you and others an idea of the scope of my problem and why I asked my question, my first year RMD withdrawal is a little over $80K. After taxes, I am left with roughly $65K that I need to spend, save, or invest.

I have played with a number of online RMD calculators using different scenarios. The amount of my annual RMD withdrawal will continue to increase until it peaks in my early nineties assuming that there are no major recessions like the Great Recession between now and then.
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