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Old 12-27-2019, 02:59 PM
 
Location: Myrtle Creek, Oregon
15,290 posts, read 17,801,039 times
Reputation: 25237

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Quote:
Originally Posted by mathjak107 View Post
you have to do it . but most can be set up on autopilot by you
I set my RMDs to two weeks before property taxes are due. In one hand, out the other.
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Old 12-28-2019, 04:52 AM
 
Location: Vermont
1,205 posts, read 1,982,016 times
Reputation: 2688
The secure act just adds more to think about in retirement. Now in addition to your own RMD, you have to consider the addition of any IRA you may inherit.
We're 61 and retired, but withdrawing funds trying to manage the size of the RMD later, while managing our tax hit now. Retirement planning is like trying to hit a moving target.
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Old 12-28-2019, 06:12 AM
 
Location: Central Massachusetts
6,775 posts, read 7,199,613 times
Reputation: 9453
Quote:
Originally Posted by harpoonalt View Post
The secure act just adds more to think about in retirement. Now in addition to your own RMD, you have to consider the addition of any IRA you may inherit.
We're 61 and retired, but withdrawing funds trying to manage the size of the RMD later, while managing our tax hit now. Retirement planning is like trying to hit a moving target.


You hit that floating nail on the head!

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Old 12-28-2019, 01:06 PM
 
Location: SoCal
20,160 posts, read 12,857,572 times
Reputation: 16994
Hey, it’s just money. Just spend it.
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