The theme this week on the One Minute Retirement Tip podcast is: critical ages for retirement planning. Today we’re talking about why age 72 is so important:

But first, today is episode 1000 of the One Minute Retirement Tip podcast! It’s a big milestone. I’m going out tonight to celebrate with my husband, and I want to thank you all for listening! The podcast has continued to grow steadily since I launched its closing in on a quarter of a million downloads, and I am so grateful for your listenership. 

Ok, so back to today’s critical retirement planning age of 72. This age is so important because it’s the year in which you’ll need to start pulling money out of your retirement accounts, like your IRA. 

I get so many questions about this, let me just explain what I think is most important, and a couple of seldom used strategies I encourage my clients to use:

• Waiting until later in the year if you don’t need the income
• QCD

That’s it for today. Thanks for listening! My name is Ashley Micciche and this is the One Minute Retirement Tip.

 

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Tags: retirement, investing, money, finance, financial planning, retirement planning, saving money, personal finance