Anonymous
Post 06/21/2025 19:05     Subject: Spouse’s RMD- should I quit my job?
Quit your job! Why not. Go out and travel.
Anonymous
Post 06/21/2025 15:59     Subject: Spouse’s RMD- should I quit my job?
I thought you were going to tell us you were 40 something. At 66, retire and enjoy your life before one of you gets sick and dies.
Anonymous
Post 06/21/2025 14:38     Subject: Spouse’s RMD- should I quit my job?
Anonymous wrote:OP here and thanks for all the feedback and ideas to think about.

More info— I am 66 plus 8 months, spouse will turn 73. DH waited until past 67 to retire and regrets it— his energy level is not the same as would have been if retired earlier.

I like the ideas about tax shelters and savings— definitely something to think about.

My job is ok—interesting yet also can be extremely tedious. It’s not a bad job.

I like the structure it gives me. I would try to build structure into retirement— I have projects to complete, hobbies I’d like to enjoy, volunteer work etc.





NP here. Just want to point out that you are already too old for the additional over-60 401(k) catch-up, so don't let that impact your decision.
Anonymous
Post 06/21/2025 14:35     Subject: Spouse’s RMD- should I quit my job?
Please, please consider retiring. One of many, many similar stories out there: My BIL (neurosurgeon) is having health issues and wishes he retired sooner. Yes, he saved lives and mentored scores of med students but ignored some signs when it came to his own health.
Anonymous
Post 06/21/2025 14:25     Subject: Spouse’s RMD- should I quit my job?
OP here and thanks for all the feedback and ideas to think about.

More info— I am 66 plus 8 months, spouse will turn 73. DH waited until past 67 to retire and regrets it— his energy level is not the same as would have been if retired earlier.

I like the ideas about tax shelters and savings— definitely something to think about.

My job is ok—interesting yet also can be extremely tedious. It’s not a bad job.

I like the structure it gives me. I would try to build structure into retirement— I have projects to complete, hobbies I’d like to enjoy, volunteer work etc.



Anonymous
Post 06/21/2025 13:58     Subject: Spouse’s RMD- should I quit my job?
Anonymous wrote:My husband is some years older than me and has to start taking RMD’s this year which will increase our gross income by roughly $6000/ month.

I have a standard WFH job and earn ~ 100,000/ year. Benefits are covered through spouses former employer(fed) We were never high earners per DCUM standards but are content with our lifestyle.

I have already had $31,000 taken out this year for my 401k.

Our taxes are going to go up significantly due to the RMD’s and we are paying quarterly taxes.

It makes sense to quit, just wondering if I am missing something in the big picture?

Thanks for any advice or feedback!


You are letting the tax tail wag the income dog. If you hate the job, quit. If not consider other tax saving options:
- 401K: I thought catch up contributions are scheduled to go up for people over 60 (assuming you are). Look into that.
- HDHP for medical insurance: Signing up for a HDHP will allow you to contribute to a HSA. More tax deduction.
- Does your job have a deferred compensation plan that might apply to you? If it does, sign up and defer taxes for years.
- If you live in a state that taxes income, consider moving to a no-tax state.
Anonymous
Post 06/21/2025 12:04     Subject: Spouse’s RMD- should I quit my job?
Retire if you want to retire and live life! How old are you?
Anonymous
Post 06/21/2025 12:01     Subject: Spouse’s RMD- should I quit my job?
Anonymous wrote:I mean, do the RMDs last forever? Any reason you should keep your foot in the work force? Your income is increasing by $72K/year….thats not life changing money.

Idk, I hear way too many stories about SAHMs getting divorced and having to start over. I’m in my 40s and that’s when this starts happening with some frequency in my peer group.


RMDs are designed to last forever...
Anonymous
Post 06/21/2025 11:49     Subject: Spouse’s RMD- should I quit my job?
Tone deaf to call a six figure salary "standard WFH"
Anonymous
Post 06/21/2025 11:49     Subject: Spouse’s RMD- should I quit my job?
How old are you OP? How old is your spouse?
What are your expenses? How much do you have saved? What are your spouses social security payments? What will yours be?
Anonymous
Post 06/21/2025 11:28     Subject: Re:Spouse’s RMD- should I quit my job?
Do you like your job? How would you fill your time if you weren’t working?
Anonymous
Post 06/21/2025 10:35     Subject: Spouse’s RMD- should I quit my job?
I mean, do the RMDs last forever? Any reason you should keep your foot in the work force? Your income is increasing by $72K/year….thats not life changing money.

Idk, I hear way too many stories about SAHMs getting divorced and having to start over. I’m in my 40s and that’s when this starts happening with some frequency in my peer group.
Anonymous
Post 06/21/2025 10:35     Subject: Spouse’s RMD- should I quit my job?
So all in you’re at 172k - 200k income? That isn’t a super high income or tax bracket. But quit if you can and want to.
Anonymous
Post 06/21/2025 10:33     Subject: Spouse’s RMD- should I quit my job?
You are high earners. Be real. Do what you want.
Anonymous
Post 06/21/2025 10:32     Subject: Spouse’s RMD- should I quit my job?
My husband is some years older than me and has to start taking RMD’s this year which will increase our gross income by roughly $6000/ month.

I have a standard WFH job and earn ~ 100,000/ year. Benefits are covered through spouses former employer(fed) We were never high earners per DCUM standards but are content with our lifestyle.

I have already had $31,000 taken out this year for my 401k.

Our taxes are going to go up significantly due to the RMD’s and we are paying quarterly taxes.

It makes sense to quit, just wondering if I am missing something in the big picture?

Thanks for any advice or feedback!