Make the Most of Your RMDs
The news of potential government rule changes has brought to light how challenging and confusing Required Minimum Distributions (RMDs) can be for retirees. For some, RMDs are used for everyday living expenses, but according to a study by Allianz Life, 80% of respondents aged 65-75 don’t think that they will need all of their RMDs for these daily expenses. However, it then leaves retirees asking about how they should use this money, and how it can potentially impact their personal financial situation. Figuring out how to make the most of your RMDs can help you achieve your financial and lifestyle […]