Pension+

Mar 11, 2022 · 56m

What is the distribution phase of retirement planning?
It's the stage when you stop accumulating and start drawing income from what you built — and the whole equation reverses. The work centers on three jobs: establishing foundational income so your core expenses are covered by a predictable monthly paycheck (Social Security, pensions, dividends, annuity and income programs) and growth assets can stay invested through market cycles; preserving wealth against the retirement tax trap — RMDs at 73, inherited IRAs on the 10-year clock, and Medicare IRMAA tiers — with withdrawal sequencing, multi-year Roth conversions, and QCDs; and transferring a legacy deliberately, starting with correctly named beneficiaries. Leave a plan, not a puzzle: the best-executed estates are the ones the inheritors understood in advance.