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Follow up news article on the above Stanford Study (Spend Safely in Retirement):
Withdrawals can start at age 65, using an initial 3.5 percent withdrawal rate. At age 70, people can switch to the IRS’ required minimum distribution table, which dictates how much people must take from most retirement accounts at that age. The withdrawal rate at 70 is 3.65 percent and it increases slightly every year after that; by age 90, for example, it’s 8.7 percent.
Comments
apnewsarchive.com/2018/The-Spend-Safely-in-Retirement-strategy-is-based-on-a-study-by-the-Stanford-Center-on-Longevity-and-the-Society-of-Actuaries/id-97b0cbd5d80c41b9bc92d24031495def
Regards,
Ted
https://personal.vanguard.com/pdf/ISGRFS.pdf