> It sounds like you are mixing issues. Those funds may or may not
> distribute enough to meet your RMD figure in year 1, but most certainly
> won't a few years down the road. Do you need the funds from your RMD? If
> not, you can just transfer the shares from your IRA to your cash account
> to satisfy the RMD, you don't need to change your asset allocation in
> anticipation of RMDs.
> Sorry, those funds you referenced sound too gimmicky for my liking.
> Comparing to annuities is apples to oranges, completely different
> investment.
>
> Joe
The only comparison Joe, is monthly income. I have dealt with Vanguard
for a long time and feel very comfortable with their expertise, and no
I really don't need the distribution. It so happens however that on
one of the options, which provides 5% of the principal (payable
monthly) is sufficient to meet my RMD. In years that it is not, I can
take the balance at the end of the year. In either case, I would have
it disbursed to their Money Market account. Unlike annuities, there is
access to your account balance as well as the potential for growth. I
am not anti annuity. I think annuities are perfect for some
situations, but this new concept has appeal to some, in my view.
Lon
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