find_constant_withdrawal_rate: Find Constant Withdrawal Rate

Description Usage Arguments Examples

View source: R/required_minimum_distributions.R

Description

Finds a constant withdrawal rate that can be applied to a starting account balance when required minimum distributions (RMDs) begin. This value enables you to predict income from RMDs throughout retirement and keep the taxable income below a goal tax threshold

Usage

1
find_constant_withdrawal_rate(rmds, growth_rate = 1.03, decimals = 4)

Arguments

rmds

A vector of required minimum distributions (0-100)

growth_rate

A constant growth rate

increment

The precision of the final withdrawal rate

Examples

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eanway/finance documentation built on Feb. 28, 2021, 4:56 p.m.