Could Required Minimum Distributions Cause You to Withdraw Too Much?
...The mandatory withdrawals that must commence from tax-deferred accounts at age 72 are called required minimum distributions, not required minimum spending...
...The mandatory withdrawals that must commence from tax-deferred accounts at age 72 are called required minimum distributions, not required minimum spending...
...The bourbon-honey syrup and orange zest in the filling add rich, savory flavor, and keep things less sweet than the traditional Middle Eastern treat...
...It's hard to accept that stuff we treasure is not valuable to others. Not everyone sees the same potential, or the same uselessness, in an item...
...“Chase two rabbits and you will catch neither.” As you make discoveries, where should you focus your attention? On your strengths. By focusing only on your weaknesses, you can really only move up to average...
...When we buy something, it gives us a temporary boost — a bit of excitement, anticipation, some hope that it will give us something in our lives that feels missing. Maybe we hope the new purchase will help us to feel cool, sexy, lovable, adventurous, fit, peaceful, connected, or find a sense of belonging...
...The math here is compelling indeed: 1,000 would-be authors pitch books but only 30 get published. Each book takes a year to write but just six hours to read. And you didn’t read all thirty of them, just the one that had the best reviews… 10,000 hours of work by authors and editors to deliver six hours to you...
...On the other hand, employer stock can introduce risk and complexity into an individual's financial plan. After all, employees have a lot riding on their companies' wherewithal even before employer stock enters the picture, because that's where they earn their paychecks. By owning company stock, employees effectively double down on their bet on the financial health of their firms. Moreover, company stock can introduce tax headaches, especially for people who aren't well versed in the tax treatment of these assets...
...Here are six things you should negotiate every time you sign a new lease...
...This garden salsa recipe combines ripe ingredients and subtle seasonings to make a real summer treat...
...Not recognizing survivorship bias can lead to faulty decision making. We don’t see the big picture and end up optimizing for a small slice of reality. We can’t completely overcome survivorship bias. The best we can do is acknowledge it, and when the stakes are high or the result important, stop and look for the stories of those who were unsuccessful...
...Our genes do not eliminate the need for hard work. They clarify it. They tell us what to work hard on...
...Instead, we have the opportunity to do work that is unexpected, generous and original. It won’t be perfect, it won’t be the cheapest, but it will matter...
...When I have too many tasks in the “next” column, I use the Eisenhower matrix to make sure my focus is on important tasks. This allows me to discard anything that’s not important and not urgent...
...A great meeting has three key elements: the desired outcome of the meeting is clear ahead of time; the various options are clear, ideally ahead of time; and the roles of the participants are clear at the time...
...Know that it’s the Geniuses who innovate, but it’s the Butterflies who spread that innovation around. Both components are required for successfully implementing new, brilliant ideas...
...the classic pairing of chocolate and peanut butter presented in a whole new way...
...Change comes about when the story the other person tells themselves begins to change. If all you do is make a point, you’ve handed them a story about yourself. When you make a change, you’ve helped them embrace a new story about themselves...
...There are three categories of people—the person who goes into the office, puts his feet up on his desk, and dreams for twelve hours; the person who arrives at five A.M. and works sixteen hours, never once stopping to dream; and the person who puts his feet up, dreams for one hour, then does something about those dreams...
...You only have so many hours in a week, so make sure you're using them for the things that matter most right now...
...The capacity to tolerate minor discomfort is a superpower...