Over 80% of Retirees Are Making this HUGE RMD Mistake | Is this You?

Описание: Many retirees take only the Required Minimum Distributions (RMDs) from their retirement accounts, aiming to preserve capital. A recent study from JP Morgan and the Employee Benefit Research Institute found that 84% of retirees at RMD age were withdrawing only the minimum, and 80% of those below RMD age hadn’t touched their accounts. While this cautious approach ensures funds last, it often misaligns with how retirees actually live and spend.

As people age, spending typically decreases—about 10% less per decade. In contrast, RMD-driven withdrawals lead to peak income in later years (ages 93–97), when most retirees are less active and require fewer resources. This strategy might leave a financial legacy, but it could also mean missing out on life’s best experiences during earlier, more vibrant years.

Take my grandmother, for instance. She lived to 100, enjoying active, travel-filled years into her 80s. By her late 80s, her lifestyle required much less spending. Her story reflects the natural shift in needs as we age.

Instead of relying solely on RMDs, consider a withdrawal strategy aligned with your lifestyle. Spend more during your active years while ensuring funds last. Download the free spreadsheet in the video to plan smarter for retirement.

CHAPTERS
00:00 Introduction
00:10 JP Morgan Study
00:38 Misalignment of Life and Withdrawal
01:08 The Centenarian
02:08 The (Family) Love Boat
04:55 Peak Spending Occurs in Mid 90's
05:26 Fear Drives Neglect

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Disclaimer: this video is for educational and entertainment purposes only and is not meant to be a substitute for legal, accounting, tax, or professional advice. If you have any specific questions about any legal, accounting, tax or other professional service matter you should consult the appropriate professional services provider.