Here is my question....
Is there any prevailing strategy or considerations for how a married couple should or could drawdown their accounts each year...ie, his first then hers, or both equally?
How about drawdown of his/her accounts pre/post RMD age?
Our accounts values are pretty evenly split with both TIRA and Roths, 62/63, both retired, and we have not yet started SS. We have used single joint accounts for our entire married life.
My thought was to drawdown mine first (His) since actuarially I will most likely die first and then that would leave less red tape for my DW.
Appreciate your responses...long time reader, enjoy this forum greatly for its knowledge and insight.
Is there any prevailing strategy or considerations for how a married couple should or could drawdown their accounts each year...ie, his first then hers, or both equally?
How about drawdown of his/her accounts pre/post RMD age?
Our accounts values are pretty evenly split with both TIRA and Roths, 62/63, both retired, and we have not yet started SS. We have used single joint accounts for our entire married life.
My thought was to drawdown mine first (His) since actuarially I will most likely die first and then that would leave less red tape for my DW.
Appreciate your responses...long time reader, enjoy this forum greatly for its knowledge and insight.