Barbara has been a wealth management advisor at TIAA since 2014. She helps clients with retirement plans, risk management, incapacity planning, income strategies and legacy planning.
Barron's: Annual guide to the 100 best annuities will help you pick the right one for your needs.
Investors who haven't yet made their required minimum distributions for tax-deferred accounts may have to sell depleted shares to fund them.
“Even in strong years there are going to be ups and downs in the market. By taking monthly distributions you spread the risk over the year, similar to dollar-cost averaging but in reverse.”