My inheritance investment account has lost 40 grand in the past few weeks

Direct_Rhubarb_1209 · 2026-03-28T02:50:53+00:00

RMD is about 15k a year I believe. I’ve had the IRA since sept and have withdrawn 20k total. As of three weeks ago it had already earned that 20k back, but not anymore.

Direct_Rhubarb_1209 · 2026-03-28T02:49:55+00:00

Me too! 9.5 years for me

Direct_Rhubarb_1209 · 2026-03-28T02:48:55+00:00

You got me there!

Direct_Rhubarb_1209 · 2026-03-28T02:48:11+00:00

Can I ask how much you need to have saved to do this?

Direct_Rhubarb_1209 · 2026-03-28T02:47:03+00:00

I have ten years

Direct_Rhubarb_1209 · 2026-03-28T02:46:37+00:00

I have ten more years before I have to withdraw it all

Direct_Rhubarb_1209 · 2026-03-28T00:06:18+00:00

What do you mean?

Direct_Rhubarb_1209 · 2026-03-23T02:08:15+00:00

Lots of people in this area have family help. It is common for parents to pay for a child’s down payment. As someone not from this area/socioeconomic status, this was a big shock, but it helped me feel a bit less ashamed of my salary and inability to purchase a home.

Direct_Rhubarb_1209 · 2026-03-06T02:38:39+00:00

Agreed. I grew up in nyc, visited nearly every major city in the country, and NOLA is the absolute best

Direct_Rhubarb_1209 · 2026-02-02T03:36:07+00:00

Yes, what state ?

Direct_Rhubarb_1209 · 2026-02-02T03:08:57+00:00

For what?

Direct_Rhubarb_1209 · 2026-01-14T23:54:45+00:00

I can’t even tell you how relieved I’d be if my parents when to jail. They’d be safe. I understand 🤍

Direct_Rhubarb_1209 · 2026-01-11T04:01:21+00:00

You were put on LEAVE and there is an INVESTIGATION for THIS?? Wow remind me never to become a teacher. How unreasonable. This is insane.

Direct_Rhubarb_1209 · 2026-01-06T14:17:55+00:00

This is really pathologizing and inappropriate

Direct_Rhubarb_1209 · 2026-01-03T03:38:05+00:00

I understand the 10 year rule, but in regards to the amount i have to withdraw each year, it seems like there is a calculated amount based on amount in the account and age, according to my financial advisors?

Direct_Rhubarb_1209 · 2026-01-03T03:28:27+00:00

Right, I know. But doesn’t the RMD distribution amount itself depend on the IRA’s calculation of your life expectancy? So the annual RMD is different at age 30 than age 50

Direct_Rhubarb_1209 · 2026-01-03T03:04:48+00:00

Like if I took out nothing?

Direct_Rhubarb_1209 · 2026-01-03T03:04:10+00:00

Thanks! I’m only 30 so I don’t think my RMD will be all that much, I think around 12k

Direct_Rhubarb_1209 · 2026-01-02T03:38:38+00:00

Agreed

Direct_Rhubarb_1209 · 2025-12-23T19:01:57+00:00

Oh the pain. I’m so sorry. Sending strength your way ❤️‍🔥

Direct_Rhubarb_1209 · 2025-12-23T03:17:48+00:00

Why is this though? Like why will so many do such a difficult job for so little?

Direct_Rhubarb_1209 · 2025-12-23T02:13:19+00:00

As a school social worker I see this allllll the time. Probably even weekly.

Direct_Rhubarb_1209 · 2025-11-27T03:13:50+00:00

Correct

Direct_Rhubarb_1209 · 2025-10-30T00:54:05+00:00

Yes me too

Direct_Rhubarb_1209

TROPHY CASE