✉news BusinessPersonal Finance first seen 17 h ago, last 3 h ago, peak #17

Couple Retiring at 60 With $700,000 Faces Big Required Withdrawals at 73

Original: A Couple Who Retires at 60 With $700,000 in Two 401(k)s and Lives on His Pension for 13 Years Will Meet About $50,000 of Required Withdrawals at 73, on Top of the Pension

A personal finance analysis from 24/7 Wall St. walks through a hypothetical couple retiring at 60 with $700,000 split across two 401(k) accounts, living on the husband's pension for 13 years. By age 73, required minimum distributions will total roughly $50,000 a year on top of the pension, raising questions about taxes and sustainability of retirement income.

Why now: Retirees are weighing how required minimum distributions from retirement accounts add taxable income on top of pensions.

24/7 Wall St.401(k)IRS

Open on news →

Rank over time, top of the chart is #1. 10 snapshots from 17 h ago to 3 h ago.

Evidence

• A Couple Who Retires at 60 With $700,000 in Two 401(k)s and Lives on His Pension for 13 Years Will Meet About $50,000 of Required Withdrawals at 73, on Top of the Pension · 24/7 Wall St.

API: https://socialmediatrends-api.osmike.com/v1/trends/1769609