How Can I Legally Delay and Reduce My RMD’s

The advertiser asks.

Maybe the solution would be to have put more money into a Roth IRA rather then an IRA or a 401(k)/457(b) Roth option so you don’t get into that situation when your old, but alas that has only been a option for a few decades, and you have to pay more taxes up front. People downplay the upfront tax advantages to traditional retirement accounts today, but often in your working years you make more money then you’ll be making in retirement.

But I have questions why you don’t want to take out the money you’ve so carefully saved and invested, and enjoy it in your final years. There is no guarantee for tomorrow. Just pay your goddamn taxes, but maybe I’m jealous as I’m not at that point, but I had an RMD to deal with at that point my life I’d buy more cows and other other livestock, maybe a new tractor or truck. Stop hoarding cash, you ain’t going to last forever.

There are those who want to live forever. But I say it’s more important to live the good life. Not spend it on frivolous shit, but if you can invest it in your operation to make it more sustainable and enjoyable, then all the better. Chances are if you don’t want to end up as a cripple in the old folks home, it’s best to use at least the government minimum of it up now, even if you do have to pay taxes. Nothing is worse then being a cripple in old age, I am very sympathetic to the elderly that blow out their brains when they come to realization that they have little more they can do to contribute to this world and enjoy their life.