User:Fyre4ce/Retirement draw-down priority

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Investors are faced with a variety of choices on where to withdraw money from in retirement; for example, a taxable account, a 401(k), or an IRA. Knowing which accounts to withdraw from first will maximize return with a minimum of taxes. Spending priority in retirement indicates the appropriate order in which investments are withdrawn from these accounts.

Take care to ensure that any spending priority decision aligns with your Retirement policy statement.

Spending priority
The order in which you should prioritize your spending is shown in Figure 1, and described in Table 1 below.