✉news BusinessPersonal Finance first seen 19 h ago, last 5 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

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• 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.

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