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This research-backed approach tailors your yearly withdrawals based on your remaining portfolio balance and your expected lifespan.

While it can lead to higher overall income over your retirement years, especially with a well-diversified portfolio, there's a catch: RMDs can create unpredictable income swings year-to-year. This makes it a potentially better fit for those with ample savings and additional income sources beyond their investment portfolio.

If leaving a large inheritance is a priority, RMDs might not be the best fit for you. However, if enjoying a comfortable lifestyle throughout retirement is your goal, RMDs could be a game-changer.