Don’t Make Me Say I Told You So Required Minimum Distribution for 2020 Assumptions for Illustration Account Balance as of 12/31 of year prior to distribution year Your birth-date Your age as of 12/31 of distribution year Is your birthday after June 30th? $500,000.00 6/10/1947 73 No Uniform Your Age 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 Life Expectancy 24.7 23.8 22.9 22 21.2 20.3 19.5 18.7 17.9 17.1 16.3 15.5 14.8 14.1 13.4 12.7 12 11.4 10.8 10.2 9.6 9.1 8.6 8.1 7.6 7.1 6.7 6.3 Spousal beneficiary date of birth Life expectancy Required minimum distribution (RMD) 11/27/1948 24.7 years, calculated using IRS uniform life expectancy table. $20,242.91 225 Minimum Distribution $20,242.91 $21,418.37 $22,660.44 $23,972.69 $25,239.17 $26,696.33 $28,090.01 $29,547.09 $31,069.01 $32,656.98 $34,311.87 $36,034.11 $37,567.99 $39,134.66 $40,729.25 $42,345.59 $43,975.89 $45,210.30 $46,399.17 $47,527.30 $48,576.87 $48,982.56 $49,244.56 $49,341.84 $49,250.94 $48,945.73 $47,674.60 $46,176.25 Balance $509,757.09 $518,924.15 $527,399.15 $535,070.41 $541,935.47 $547,755.27 $552,530.57 $556,135.32 $558,434.43 $559,283.51 $558,528.65 $556,006.26 $551,798.65 $545,771.91 $537,788.97 $527,710.72 $515,397.47 $501,111.02 $484,778.51 $466,337.92 $445,741.33 $423,503.25 $399,668.88 $374,307.17 $347,514.66 $319,419.81 $290,910.40 $262,188.78 *All distributions are assumed to be taken at the end of the year. If you have questions, please consult with your own tax advisor regarding your specific situation. Information and interactive calculators are made available to you as self-help tools for your independent use and are not intended to provide investment advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues. This is a hypothetical example for illustration purposes only. Actual investor results will vary. The rates of return used in the RMD projections are compounded annually and do not represent the performance of any specific security. There is no guarantee that the selected rate of return can be achieved. Diff erences between actual investment performance and the assumed annual rate of return in the current year or in subsequent years can result in significant diff erences between the projected and actual RMDs. All RMDs are assumed to be removed from the IRA on December 31 of the projection year. RMD calculations during your lifetime are based on the Uniform Lifetime Table. Chapter 5: Things That Can Wreck Your Retirement Account Balances and Minimum Distributions*
