Mike Piper has extended the RMD table for those who are retiring before age 72 and wish to use the RMD safe withdrawal method. The table starts with a 2.1% withdrawal rate at age 50 and goes to 3.5% at age 71. Piper notes that the RMD table is conservative and that some may wish to consider multiplying the table’s withdrawal rates by 1.3 or a similar multiplier. Source is chapter 7 of Can I Retire.
Statistics: Posted by jaMichael — Thu Sep 26, 2024 7:26 pm
