How to Track Your Expenses

The RMD method does definitely take into account you and your longevity. It's a pretty efficient way of calculating withdrawals because it takes into account two key things. The strategy will tend to be the best fit for someone who has a lot of other non-portfolio income. But in a bad year like 2022 or actually it would translate into 2023 RMDs, the retiree using an RMD method would be taking less.