Why the "RMD Withdrawal Strategy" May Be Disastrous
About this episode
The episode discusses the potential pitfalls of the RMD-style retirement withdrawal strategy and its implications on financial security during retirement.
Have you heard of the "RMD-style" retirement withdrawal strategy? It involves taking a percentage of your portfolio each year based on life expectancy tables, which, on paper, ensures you never fully deplete your account. But retirement is not lived on paper. Think about this: If your income changes every year based on market performance, what happens after a down year? Would you be comfortable taking a pay cut because your portfolio value dropped? If a formula built to avoid running out of m...
People in this episode
Host: Lucia Capital Group
Topics covered
- RMD withdrawal strategy
- retirement planning
- portfolio management
- market performance
- financial security
Keywords
- RMD
- retirement withdrawal
- life expectancy tables
- portfolio depletion
- market downturn
Mentioned in this episode
Organizations: Lucia Capital Group
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