MDIB Distributions

June 2002 - New Life expectancy tables!
Hurray! The IRS changed the rules so you no longer have to use all these complicated tables! Now there is one simple table for everybody to determine your minimum withdrawal. I have continued keeping the old numbers as a reference, but now the MDIB column is the real one that matters!

This calculator lets you build up your traditional IRA or 401(k) balance up until age 70 1/2 when you must start making taxable distributions. It then uses the "recalculation" method for three cases to determine your minimum withdrawals in following years. The remainder of your balance grows tax deferred in the account until withdrawn. The three cases shown are: 1) MDIB, the new standard for everybody! Your IRA/401(k) custodian is now required to distribute out this amount each year. 2) Single life 3) Joint life (spousal) beneficiary where the two people are exactly the same age.

Have fun!

Current Age:
Withdrawal Age: 70 1/2
IRA Balance:
IRA Annual Yield:

In 30 years your $ 100000 will grow to $ 100,000

  MDIB Single Life Same Age Spouse
AgeDivisorBalanceMinimum Withdrawal DivisorBalanceMinimum Withdrawal DivisorBalanceMinimum Withdrawal
70 27.4 100000 3649 17.0 100000 5882 21.8 100000 4587
71 26.5 96350 3635 16.3 94117 5774 20.9 95412 4565
72 25.6 92714 3621 15.5 88343 5699 20.0 90847 4542
73 24.7 89092 3606 14.8 82643 5584 19.2 86305 4495
74 23.8 85485 3591 14.1 77059 5465 18.4 81810 4446
75 22.9 81894 3576 13.4 71594 5342 17.6 77363 4395
76 22.0 78317 3559 12.7 66251 5216 16.8 72968 4343
77 21.2 74757 3526 12.1 61035 5044 16.0 68624 4289
78 20.3 71231 3508 11.4 55990 4911 15.2 64335 4232
79 19.5 67722 3472 10.8 51079 4729 14.5 60103 4145
80 18.7 64249 3435 10.2 46349 4544 13.8 55958 4054
81 17.9 60813 3397 9.7 41805 4309 13.1 51903 3962
82 17.1 57416 3357 9.1 37495 4120 12.4 47941 3866
83 16.3 54058 3316 8.6 33375 3880 11.7 44074 3767
84 15.5 50742 3273 8.1 29494 3641 11.1 40307 3631
85 14.8 47468 3207 7.6 25853 3401 10.5 36676 3493
86 14.1 44261 3139 7.1 22451 3162 9.9 33183 3351
87 13.4 41122 3068 6.7 19289 2879 9.4 29831 3173
88 12.7 38053 2996 6.3 16410 2604 8.8 26658 3029
89 12.0 35057 2921 5.9 13805 2339 8.3 23628 2846
90 11.4 32135 2818 5.5 11465 2084 7.8 20781 2664
91 10.8 29316 2714 5.2 9380 1804 7.4 18117 2448
92 10.2 26602 2608 4.9 7576 1546 7.0 15669 2238
93 9.6 23994 2499 4.6 6030 1311 6.6 13430 2034
94 9.1 21494 2362 4.3 4719 1097 6.2 11395 1838
95 8.6 19132 2224 4.1 3622 883 5.8 9557 1647
96 8.1 16907 2087 3.8 2738 720 5.5 7909 1438
97 7.6 14820 1950 3.6 2017 560 5.2 6471 1244
98 7.1 12870 1812 3.4 1457 428 4.8 5227 1088
99 6.7 11057 1650 3.1 1028 331 4.5 4138 919
100 6.3 9407 1493 2.9 696 240 4.2 3218 766
101 5.9 7914 1341 2.7 456 169 3.9 2452 628
102 5.5 6572 1195 2.5 287 114 3.6 1823 506
103 5.2 5377 1034 2.3 172 74 3.3 1316 399
104 4.9 4343 886 2.1 97 46 3.0 917 305
105 4.5 3457 768 1.9 51 26 2.7 611 226
106 4.2 2688 640 1.7 24 14 2.4 385 160
107 3.9 2048 525 1.5 9 6 2.2 224 102
108 3.7 1523 411 1.4 3 2 1.9 122 64
109 3.4 1111 326 1.2 0 0 1.7 58 34
110 3.1 784 253 1.1 0 0 1.5 23 15
111 2.9 531 183 1.0 0 0 1.2 7 6
112 2.6 348 133 0.0 0 0 1.0 1 1
113 2.4 214 89 0.0 0 0 0.0 0 0
114 2.1 125 59 0.0 0 0 0.0 0 0
Total Withdrawn$ 99,912$ 99,980$ 99,981