Comments on: 3 Reasons You FEEL BROKE In Retirement

By: Mike Anderson

Mike Anderson — Tue, 12 Sep 2023 11:56:44 +0000

One of your better posts Eric. Thanks.

By: Mike Anderson

Mike Anderson — Tue, 12 Sep 2023 11:56:11 +0000

One of your better posts Eric. Thanks.

By: Jason Nistler

Jason Nistler — Tue, 12 Sep 2023 03:48:10 +0000

In reply to Jason Nistler. thanks! what if your money is in roth, then are there required minimum distributions?

By: Kevin Kanter

Kevin Kanter — Mon, 11 Sep 2023 21:20:35 +0000

with anything like a proper conservative allocation, even w/ EOL issues (Alzheimers) + IRMAA + RMD @ 85 w/ 2.5M —– come on —– this is a psychological issue of planning to spend – that is fund some slush funds …..

By: Ross F

Ross F — Mon, 11 Sep 2023 20:13:23 +0000

This sounds *exactly* like my father…early-80’s with plenty of nest egg that he cannot possibly spend before he leaves us. Yet he perpetually puts off discretionary spending…”I want to take a cruise to Europe NEXT YEAR” or “I sure like that car…and mine is on its last legs”, both of which he’s said for the past 3 or 4 years.

I’m betting it’s difficult for you to resist the urge to tell your client, “Go see you grandchild play football…there might not be a ‘next season!'”

By: WV Taco

WV Taco — Mon, 11 Sep 2023 19:44:50 +0000

In reply to Jason Nistler. RMDs are based on your age.

By: Lenrock

Lenrock — Mon, 11 Sep 2023 18:13:29 +0000

In reply to Jason Nistler. Required Minimum Distribution - which is an IRS requirement where you need to withdraw a percentage of your account[s] on a yearly basis to expose it to taxes which have been deferred during your working years.

By: Jason Nistler

Jason Nistler — Mon, 11 Sep 2023 17:57:56 +0000

what’s an “RMD” ?

By: Bruce Smith

Bruce Smith — Mon, 11 Sep 2023 17:50:15 +0000

Thanks Eric