Ep 57: Top Retirement Mistakes Part 2 - Waiting Too Long To Take IRA Distributions
Our first retirement mistake was discussing doing something too early (taking Social Security). It's the opposite situation today. We'll go over why it's often a mistake to wait too long to take IRA distributions from your portfolio. Brian will show us how the risk of running out of money is tied into various withdrawal rates, why it's important to understand time periods for your withdrawals, and how to take taxes into account as you figure out the best way to fill your income gaps in retirement. Take a listen to learn more!
