RMD Reality: What a $300K Nest Egg Must Withdraw Each Year

CBS MoneyWatch explains how required minimum distributions (RMDs) from tax-deferred accounts work using a $300,000 balance. Starting at age 73, the annual RMD is calculated by dividing the balance by an age-based life expectancy factor from the IRS Uniform Lifetime Table, yielding roughly $11,320 at 73, about $12,195 at 75, about $13,100 at 77, and around $14,200 at 79+, with taxes due on withdrawals and considerations for diversification (including gold) as part of retirement planning.