No. of Recommendations: 7
I'm not sure what my uncle has overall but I know almost all of his RMDs in his 80s go directly to charities. He has been doing this for a long time.
It is nice to have this flexibility. My only reason for not putting it all in an annuity and taking up golf is if my spouse or I start having massive health care expenses. If I could be guaranteed a nice massive heart attack at age 90 it would be much easier to plan my finances. But even with Medicare and decent health insurance some of these long-term health expenses are very worrying. And Jim's "get a delayed annuity and spend the rest" works only if you have some cap on potential expenses. So I keep trying to increase the port, just because the future is unpredictable. And because I like hanging out here, listening to smart folks disagree.
Rgds,
HH/Sean
