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72T withdrawal recomendations
Old 07-08-2007, 05:19 PM   #1
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72T withdrawal recomendations

Can anyone share advice on setting up a 72T withdrawal? Which method to use, firms to place the IRA with, funds to use, etc.

Thank you,

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Old 07-08-2007, 05:21 PM   #2
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Retire Early: Can I withdraw money from my IRA before age 59˝ ?

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Old 07-08-2007, 05:57 PM   #3
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I retired last year at 48, and since 87% of my funds are in IRAs I am using 72t
withdrawals for income. I am at Schwab, and have 2 regular IRAs - the 'big'
IRA for the 72t, and the 'small' IRA just in case. I use the easy-to-calculate
method, which yields about 3% of my previous Dec31 balance each year. The
account is 100% invested in dividend paying stocks (PG, JNJ, KIM, GGP, VNO,
WRE, etc), which yield slightly over the withdrawal amount. I withdraw twice/year
(no particular reason). I did not use the more complex methods, which can yield
5-6% of your initial balance, because if I needed 5-6% to live on I would not have
learn, work, save, invest, fire
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Old 07-11-2007, 03:22 PM   #4
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