From the presentations I have seen, and the optimizations for tax minimizations, and I have only seen a couple, is to diversify your income sources.
What does diversify income sources mean:
It means to have SS or pension,
and then have a 1/3 - 1/3 - 1/3 split between traditional IRA, Roth IRA and taxable account.
The goal is to cover your lifestyle cost, with minimal income. The fewer assets you have, the lower the lifestyle cost needs to be. As your assets grow, your lifestyle costs can grow. Above a certain asset level, lifestyle costs and taxes don't matter. Not many of us have that luxury, so it's about what's your lifestyle cost, and how to best allocate your current assets.
So that being typed:
Each Couple or Individual is unique as far as as lifestyle costs, SS/Pension income, IRA Assets and taxable assets.
And because each of those are unique, there is no simple rule, its more of an optimization between the categories, and which comes first, the lifestyle or the assets?
The answer is the assets drives the lifestyle assuming that you want to run out of assets exactly at death, which is an unknowable. So due to that uncertainty, and the differences between the categories, you will have to create a personalized model based on the inputs, and then figure out the maximum lifestyle costs for your assets to last to age?
when I have time to finish the model I have created to answer that question, I can summarize the inputs and outputs.
good luck until then or with your own personal financial planner.
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