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I’m 65 with more than $5 million saved and I can’t figure out how to spend it fast enough to avoid an RMD disaster

Por: MarketWatch Business June 04, 2023

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I have no debt at the moment and annual expenses of around $100,000 per year.  I’m told I’m going to have a RMD disaster when I turn 72. I am having trouble increasing my spending after all of these years of saving. I don’t know what to do.  Thanks. NJ Zoom Dear NJ Zoom,  Congratulations on your retirement! Your problem of having saved too much is a relatively easy one to solve: Start giving money away.  When you have more assets than... + full article



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