10. Age 73-75: Required minimum distributions
Required minimum distributions, or RMDs, are a minimum amount of money that you usually must withdraw from most types of retirement accounts (except for Roth IRAs) each year, starting the year you turn a certain age.
This is among the retirement milestones that have recently changed. Previously, that age was 72, but it was raised to 73. Also, if you aren’t 74 or older by the end of 2032, the start age is 75.
11 Responses
You don’t talk about exercise as a longevity enhancer. I’m 86 and I lift 20 lbs weights 3 times per week, do yoga 6 days per week, and walk at least 1-1/2 miles every day. I’ve been doing these exercises since I was 30. My doctor marvels at my blood pressure, I have no chronic diseases, take only 2 meds per day and am free of pain, except for occasional, mild, lower back pain. I’m grateful I do all these exercises because they sure beat surgery for knee or hip replacement and wlaking with a walker.
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