Batten down the hatches (Delayed: 4:36 PM ET): The major averages closed sharply lower today as declining issues outpaced advancing issues on the NYSE by 4.1 to 1. The Dow fell 279.47 points or -1.5% to finish at 17,826.30.
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Pfau did say he's not big fan of the strict RMD method because it tends to make spending more conservative in one's 60s and 70s and then spending could get very high in your late 70s and 80s and you could run out of money. Read More
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