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Will your money last in retirement?
As a rule of thumb, withdraw no more than 4% to 5% from savings in the first year of retirement—then adjust for inflation.
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Plan on savings covering at least 45% of your preretirement income in retirement.
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These rules work together to help you plan for, and live in, retirement.
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Smart IRA withdrawal strategies
Answer 4 questions to help you use required minimum distributions from retirement accounts effectively.
