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Don’t Make Me Say I Told You So 219

Required Minimum Distribution (RMD) Calculation
Account Owner's Date of Birth 6-10-1945
Status of Designated Bene ciary Spouse
IRA’s Prior Year-End Balance $500,000.00
Designated Bene ciary's Date of Birth 11-27-1947
IRA Owner's Hypothetical Year of Death 2030
Designated Bene ciary's Hypothetical Year of Death 2035
Anticipated Rate of Return Before Age 70 1/2 5%
Anticipated Rate of Return Following Age 70 1/2 5%
IRA Remaining Account Projected Year-End
Year Owner’s Age Life Expectancy Balance Growth RMD Balance
2014 69 N/A $500,000.00 $25,000.00 $.00 $525,000.00
2015 70 27.4 $525,000.00 $26,250.00 $19,160.58 $532,089.42
2016 71 26.5 $532,089.42 $26,604.47 $20,078.85 $538,615.04
2017 72 25.6 $538,615.04 $26,930.75 $21,039.6S $544,506.14
2018 73 24.7 $544,506.14 $27,225.31 $22,044.78 $549,686.67
2019 74 23.8 $549,686.67 $27,484.33 $23,096.08 $554,074.92
2020 75 22.9 $554,074.92 $27,703.75 $24,195.41 $557,553.26
2021 76 22 $557,583.26 $27,879.16 $25,344.69 $560,117.73
2022 77 21.2 $560,117.73 $28,006.89 $26,420.65 $561,702.97
2023 78 20.3 $561,702.97 $28,085.15 $27,670.10 $562,118.02
2024 79 19.5 $562,118.02 $28,105.90 $28,826.57 $561,397.35
2025 80 18.7 $561,397.35 $28,069.87 $30,021.25 $559,445.97
2026 81 17.9 $559,445.97 $27,972.30 $31,253.96 $556,164.31
2027 82 17.1 $556,164.31 $27,008.21 $32,524.23 $551,448.29
2028 83 16.3 $551,448.29 $27,572.41 $33,831.18 $545,189.52
2029 84 15.5 $545,189.52 $27,259.48 $35,173.52 $537,275.48
2030 85 14.8 $537,275.48 $26,863.77 $36,302.40 $527,836.85
2031 86 15.5 $527,836.85 $26,391.84 $34,053.99 $520,174.70
2032 87 14.8 $520,174.70 $26,008.73 $35,146.94 $511,036.49
2033 88 14.1 $511,036.49 $25,551.82 $36,243.72 $500,344.59
2034 89 13.4 $500,344.59 $25,017.23 $37,339.15 $438,022.67
2035 90 12.7 $488,022.67 $24,401.13 $38,426.98 $473,996.82
2036 91 5.3 $473,996.82 $23,699.84 $89,433.36 $408,263.30
2037 92 4.3 $408,263.30 $20,413.16 $94,944.95 $333,731.51
2038 93 3.3 $333,731.51 $16,686.57 $101,130.76 $249,287.32
2039 94 2.3 $249,287.32 $12,464.37 $108,385.79 $153,365.90
2040 95 1.3 $153,365.90 $7,668.29 $117,973.77 $43,060.42
2041 96 0.3 $43,060.42 $2,153.02 $45,213.44 $.00
Total Distributions $1,175,276.75
Put the footnotes from the next page here
If you have a large amount of money in your tax-deferred
retirement accounts, a sizable RMD may push you into a higher
tax bracket than you had planned for your retirement income.

3 Luke Landes. “2013 Federal Income Tax Brackets and Marginal
Rates.” Forbes, January 5, 2013. http://www.forbes.com/sites/
moneybuilder/2013/01/05/updated-2013-federal-income-tax- brackets-
and-marginal-rates/

Chapter 5: Things That Can Wreck Your Retirement