More withdrawal now?

[glinka]

I only withdraw 3% out of IRA each year. So far have only taken 1% this year. Question is would it be better to take out not only the rest for this year but some additional for next year. Thinking about recession coming. Taxes are not a problem.

 

[audreyh1]

What are you trying to accomplish in preparation for a recession - have more cash on hand?

The timing of withdrawals from IRAs don’t matter so much other than for tax planning purposes.

If you are concerned about assets dropping in value, you can always set aside cash/cash equivalents within the IRA to withdraw whenever it’s convenient.