Stay Wealthy Retirement Podcast

5 Strategies to Take Control of Your Required Minimum Distributions (RMDs)


Listen Later

Required Minimum Distributions (RMDs) begin at age 73 for most retirement savers.

These forced withdrawals can be a burden for those who don't need (or want) the taxable income.

Since they are "required," many assume that they don't have any control over their RMDs.

But that's not necessarily the case.

In fact, one of the 5 strategies I'm sharing with you today allows you to delay unwanted (mandatory) distributions well past age 73 😳

Applying these strategies and gaining control of your RMDs can potentially help you:

➤ Lower lifetime taxes

➤ Reduce catastrophic risks

➤ Improve risk-adjusted investment returns

It doesn't matter if you're still working or already taking RMDs—if you want to optimize your long-term plan, you'll enjoy today's episode.

***

FREE RETIREMENT PLANNING RESOURCES:

Subscribe to the Stay Wealthy Retirement Newsletter!

As a thank you, you'll receive three (3) of my MOST popular retirement & tax cheatsheets.

You'll also receive my weekly retirement newsletter :)

👉 Click here to subscribe and grab your cheatsheets.

***

EPISODE RESOURCES:

📊 Get Your FREE Retirement & Tax Analysis!

✏️ Grab the Episode Show Notes

📘 Check Out the Retirement Podcast Network

...more
View all episodesView all episodes
Download on the App Store

Stay Wealthy Retirement PodcastBy Taylor Schulte, CFP®

  • 4.7
  • 4.7
  • 4.7
  • 4.7
  • 4.7

4.7

622 ratings


More shows like Stay Wealthy Retirement Podcast

View all
Jill on Money with Jill Schlesinger by Audacy

Jill on Money with Jill Schlesinger

1,944 Listeners

Sound Retirement Radio by Jason Parker

Sound Retirement Radio

455 Listeners

Your Money, Your Wealth by Joe Anderson, CFP® & Alan Clopine, CPA of Pure Financial Advisors

Your Money, Your Wealth

802 Listeners

Retirement Answer Man by Roger Whitney, CFP®, CIMA®, RMA, CPWA®

Retirement Answer Man

1,316 Listeners

Retire Sooner with Wes Moss by Wes Moss

Retire Sooner with Wes Moss

447 Listeners

Retirement Starts Today by Benjamin Brandt CFP®, RICP®

Retirement Starts Today

523 Listeners

The Retirement and IRA Show by Jim Saulnier, CFP® & Chris Stein, CFP®

The Retirement and IRA Show

749 Listeners

Big Picture Retirement® by Devin Carroll, CFP® & John Ross, JD

Big Picture Retirement®

534 Listeners

The Boldin Your Money Podcast by Steve Chen

The Boldin Your Money Podcast

197 Listeners

Ready For Retirement by James Conole, CFP®

Ready For Retirement

807 Listeners

The Rob Berger Show by Rob Berger

The Rob Berger Show

189 Listeners

Early Retirement - Financial Freedom (Investing, Tax Planning, Retirement Strategy, Personal Finance) by Ari Taublieb, CFP®, MBA

Early Retirement - Financial Freedom (Investing, Tax Planning, Retirement Strategy, Personal Finance)

558 Listeners

The Long Term Investor by Peter Lazaroff

The Long Term Investor

150 Listeners

Retirement Planning Education, with Andy Panko by Andy Panko

Retirement Planning Education, with Andy Panko

855 Listeners

Retirement Answers by Jacob Duke, CFP®

Retirement Answers

103 Listeners