No. of Recommendations: 0
ZBar: "The easy answer to your question is the formula witdrawal = (balance - 50k) / life expectancy. If your life expectancy is now 35 years, then decrease that number each year by 1. If your life expectancy changes, then use your current life expectancy for that year."

I am sure when JABoa appears, he will have a few thoughts, becasue he seems to be the resident expert with respect to mortality tables (among other things). One obvious comment though, is that remaining life expectancy typically does not decline by 1 year for each year lived.

Just my $0.02. Regards, JAFO
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!
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
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.