Quote:
Originally Posted by ChiefChoop
The age for required minimum distribution is 72. You don't think you'd want to take the minimum out of it by age 72?
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Hard to know. I just don't like the fact that taking RMD is required, even if you aren't going to use the money. My parents have great pensions and in a few years will be required to start RMDs. They currently live just fine off their pensions and it's absurd they will be required to take RMDs, pay taxes on it and not even need it.
Just hard to know where life will take you as I'm only 37. I like the idea of having a retirement account that will not be required to be touched, while I could just draw from my 401k instead when required.