Episode 125
Can Required Minimum Distributions (RMDs) Cause You to Overwithdraw in Retirement?
Stay Wealthy Retirement Podcast · Taylor Schulte, CFP®
September 7, 202111m 54s
Audio is streamed directly from the publisher (traffic.libsyn.com) as published in their RSS feed. Play Podcasts does not host this file. Rights-holders can request removal through the copyright & takedown page.
Show Notes
Today I'm talking about Required Minimum Distributions (RMDs).
Specifically, I'm sharing:
- How RMD withdrawal rates can creep up to 12%
- Why they can cause you to overpay the IRS
- How to use an RMD-based approach to create retirement income
- When RMDs can put you at risk of over withdrawing
- What you can do to reduce your RMD tax bill
If you want to get a quick Masterclass on Required Minimum Distributions (RMDs) and take control of your tax bill, this episode is for you!