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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: TobagoJack who wrote (95645)	10/18/2012 8:26:47 PM
From: Snowshoe	Respond to of 218631

>>the news may be old, but is the market pricing in the news?<< Not necessarily. Another severe market decline is quite possible as more boomers retire and begin to sell down their stocks, bonds, gold, etc for living expenses. I just wanted to make the point that the required initial distributions are small, but increase gradually with age. Some things to consider... - The better-off folks with large retirement accounts will pay hefty taxes on their required taxable withdrawals, which helps the government balance sheet. To avoid this, some have paid taxes up front and converted to Roth IRA accounts (which have no RMD). The optional Roth distributions are not taxable. I have about 1/4 of my retirement assets in a Roth. - Unfortunately, many folks who can't survive on their puny initial RMDs will be tempted to eat their seed corn and take extra withdrawals. - Lots of boomers will be downsizing their lifestyles and holding garage sales.