Dana Anspach, CFP, CEO of Sensible Money, LLC, which specializes in retirement-income planning, Scottsdale, Arizona. SensibleMoney.com
Even some of the country’s shrewdest financial pros have made big mistakes with their money. Here are their confessions so you don’t make those mistakes.
Retirement income funds provide the right amount of income for your needs, then generate a regular payment every month.
To help you meet required minimum distributions, you consolidate all your IRA assets into the RMD fund corresponding closest to the date you turn 70 ½.
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