If you haven't reached 70 1/2, now would be a good time to look at a Required Minimum Distribution calculator. In a conventional IRA you are required to withdraw $$$ from your IRA (not a Roth IRA) based on these calculations. This means your withdrawal rate will force your IRA depletion whether you want to or not. Assuming you live that long.
Add these withdrawals to your other taxable income sources.
I retired in 2000 and my IRA has been managed over the years by several advisors on the Barron's top 100 list. Those advisors investment performance has been underwhelming after the ever popular 1% management fee.
Again, if you have a conventional IRA check out the RMD calculator.
For a laugh I found an IRA projection I received in 2000 when the numbers used were based on annual returns of 9%. Still dreaming of the good old days.
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