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How Is Required Minimum Distribution On IRA Calculated?

How Is Required Minimum Distribution On IRA Calculated? If you're wondering how to calculate the Required Minimum Distribution (RMD) on an IRA is calculated, then watch this video as I teach you how to do it. But more than that, I'll also tell you why I highly discourage you to take this step and will be offering a more productive alternative instead. All this and more is what we'll cover in this episode so keep on watching!

To your abundance!
Doug Andrew

Key Moments In This Episode
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00:44 What to expect in today's video
01:28 Based on a life-expectancy formula
01:50 Partnership scenario to better undestand how IRAs and 401Ks work
03:09 Calculating the RMD
05:47 Why you shouldn't delay the inevitable
06:30 Whose retirement are you planning?
07:26 Two things that are certain
10:26 Story of a couple who didn't heed my advice

Did you love this video?
Want to learn more wealth and life empowerment lessons from Doug?
Here are some next steps!
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How to Diversify and Create the Foundation for a Tax-Free Retirement


How to Lead Your Family/Business from “ME” to “WE”


Discover The 3 Tools For A Strategic And Predictable Retirement


Learn more about Live Abundant here:


Visit Doug Andrew’s website:


Music
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Song: LiQWYD - Glow (Vlog No Copyright Music)
Music provided by Vlog No Copyright Music
Video Link:

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Video by Nate Woodbury
BeTheHeroStudios.com


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