A viewer named Steve asked the following quesiont:
I have searched up and down and no one...seriously no one...has a video on how you withdraw in retirement when you have multiple funds in 1 account. The only videos out there are what buckets to pull from first, but not how to withdraw from a source in retirement.
Let's say you have a 401K with a Total Stock Market Fund, Small Cap, Reit, and Bonds.at 25% across the board. Now in retirement...how do you take out the 4%? Is it 1% for each fund? What if they were not all 25% and were all at different percentage amounts...how do you decide which one to deplete first?
Further, what if you have a 401K and traditional IRA and now the total funds across the board is 6 (4 and 2). How does that work when withdrawing by funds?
While still working as a trial attorney in the securities field, I started writing about personal finance and investing In 2007. In 2013 I started the Doughroller Money Podcast, which has been downloaded millions of times. Today I'm the Deputy Editor of Forbes Advisor, managing a growing team of editors and writers that produce content to help readers make the most of their money.
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