Whether you're approaching retirement or already enjoying your post-career years, understanding retirement income planning and Required Minimum Distribution (RMD) strategies are crucial for optimizing your financial plan.
These withdrawals can serve a range of purposes, whether you are looking to fund your lifestyle in retirement, reinvest them, transfer them to charity or gift them to family. There is a 50% chance of one spouse living to age 93*, so it is important that you plan for longevity.
Watch as we break down the following:
- What is an RMD, and why should you care?
- Easy steps for calculating your RMD
- Tax implications you need to be aware of
- Benefits of estate planning with inherited assets
- Ways to get more financial fit
