If You're 62 With Over $1 Million, Be Aware Of This
Joe Knows Retirement · Joe Schmitz Jr.
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Show Notes
Required minimum distributions (RMDs) can be problematic in retirement, but they're particularly problematic for those with at least $1 million saved or a pension. In this episode of Joe Knows Retirement, Joe discusses RMDs and shares how they can complicate your retirement and make you pay more in taxes if you don't plan for them. He provides an example by looking at a current client's savings and seeing how RMD's affect them.
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