How To Live On Your Retirement Nest Egg | The Financial Mirror

For so many people, they have been told their whole life that they needed to save for retirement. The part that is never really discussed is how you will approach taking the money out of the account. This is just as important as the effort you put into the building account. If done wrong, you could end up pay huge tax bills, withdrawing too much, being taxed for not withdrawing enough and so much more. With this episode, I discuss an easy to follow strategy to withdraw money in a manner that will take into account all those negative things that I just mentioned. No matter if you have retired, about to retire, or just now starting to invest in retirement, this knowledge will benefit you.

IRS RMD Worksheets: https://www.irs.gov/retirement-plans/plan-participant-employee/required-minimum-distribution-worksheets

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