If you are approaching age 70, do you know how to take required minimum distributions (RMDs) from your 401(k), IRA or other retirement plans? If you have multiple 401(k)s IRAs, brokerage accounts or multiple financial professionals, as many high net worth people do, you’ll need to feel comfortable with the plan you’ve created to manage RMDs, potentially through decades of retirement. How should those accounts be invested? What’s the plan? Importantly, the plan must accommodate multiple objectives (current income plus capital appreciation) and goals (lifelong income; legacy), and it has to fit you – not anyone else.