Withdrawal rates from IRAs by retirees required to draw from their accounts shows that most are doing so at a rate that will preserve their savings throughout retirement, according to the Employee Benefits Research Institute.
The EBRI analyzed withdrawal patterns between 2010 and 2012. As retirees hit age 70 ½ and are required to take minimum distributions, they are tending to do so at rate consistent with their initial withdrawal amount, it found.
Over the three-year period, the average withdrawal rate for those required to make distributions was 5.1 percent, the EBRI said.
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