SEC RE: IRS IRA RMD

I’m some years away from having to take required minimum distributions from my IRA’s. Until then, they’re collecting non-compound interest, tax-free.

I was curious how the popular 4% rule for withdrawing money in retirement compares to the RMD amount. Pretending I’m already 72, the SEC’s calculator came up with a number that is very close to 4%.

https://www.investor.gov/financial-tools-calculators/calculators/required-minimum-distribution-calculator

An issue with RMD is it’s based on the previous year’s account balances. That’s going to be a problem for a lot of retirees, between inflation and the stock market decline triggered by the Fed’s interest rate hikes, intended to slow inflation. So far without success.

Please, Sir

Watching Hitchcock’s 1934 film The Man Who Knew Too Much, that I shared a couple of days ago, brought to mind the climatic rooftop scene in David Lean’s superb screen adaptation of Dickens’ Oliver Twist. Robert Newton, who has my vote as the greatest character actor of all time, is terrifying as the villain Bill Sykes.

https://youtu.be/qelzn2njS9c

Director Cuts

George Lucas didn’t leave well enough alone when he began using digital technology to “improve” the special effects in Star Wars. To the dismay of just about everybody but himself, Lucas kept tweaking until eventually he had Greedo rather than Han shooting first in the Cantina.

Alfred Hitchcock remade The Man Who Knew Too Much to get out of his contract with Paramount and/or because he thought he could do better in 1956 than he did in 1934. Either way, I’ve watched the earlier film many times, and the later one only once.

https://youtu.be/MOAlp-oIQBE