financialRetirement Planning
#RI-69a83f2c·about 2 months ago·
1
“take a fixed amount less than 5% from the start”
What Actually Happened
I considered taking $35,000/year from my IRA, but calculators suggested I'd have to take $36,187.34 from the start
What I wish I knew
"calculators can provide a more accurate estimate of required distributions"
Advice to Someone Facing This Now
If I could tell you one thing
"consider using calculators to determine required distributions before making a decision"
Regret Index
2/10
Positive or neutral outcome.
Would make the same decision again.
Would make the same decision again.
Advice for Someone Facing This
Short, upvotable wisdom. The most helpful rises to the top.
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financial Category
1,609
financial decisions logged. Avg regret 5.4/10 across the category.
Same Outcome Band
35%
of financial decisions land in the settled band the same as this one.
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