The Money Mustache Community
Learning, Sharing, and Teaching => Ask a Mustachian => Topic started by: Ed Mills on March 02, 2013, 10:15:58 AM
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Greetings Fellow Mustachians,
I wanted to see what you guys thought about this. This year I started using the 72t option on my IRA to start taking distributions. I withdrawal a little over $10,000 a year from the account and currently have 8 years worth of withdrawals sitting in the Vanguard Prime Money Market fund. Since I'm getting .01% in this account, I am not even close to keeping up with inflation.
I am thinking about keeping 2 to 3 years worth of withdrawals in the Prime fund, but I would like to put some money in another fund that would earn some return. Over time I would slowly roll money back to the prime account for withdrawal purposes. I am just not sure where to look among my Vanguard options. Any thoughts or ideas?
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Here is a very low cost (0.11%) i think fund that may help you out.
http://money.usnews.com/funds/mutual-funds/retirement-income/vanguard-target-retirement-income/vtinx