Investing, Philadelphia Style
Land ownership once was the only practical form of savings, until banking matured in the mid-19th century. Philadelphia took an early lead in what is now called investment and still defines a certain style of it.
This IRA withdrawal calculator is for the original owner of an IRA and shows the following:
Note: the calculator assumes that the IRA grows at a fixed rate (default is 0%, i.e., cash)
Note: this calculator uses Table III, which is for the original owner of the IRA who is either unmarried or whose spouse is no less than 10 years younger.
Note: this shows the minimum withdrawal; you may withdraw up to the total amount remaining (taxes will be due).