Retirement Account

[ando]

I 'll be retiring in a few days , leaving my retirement account in place , but taking monthly payments from it to supplement my income and sustain my living expenses.

The question is,how much monthly amount am I allowed to withdraw. , by the way, haven't filed 13 yet .

[killinstinct]

I'm relatively new to this, but two things come to mind (with the little information provided):

If you're filing 13, it doesn't matter? You get to keep all of your assets typically

AND

if you're filing 7, retirement accounts are generally off limits anyway.

Anyone else?

[keepmine]

It will matter to the extend that, the disbursements can determine how much disposable income you have which is the determinate of what percent payback your unsecured creditors receive in a 13.

[killinstinct]

Thank makes sense.

[CindyLou]

only draw EXACTLY what you need to pay your bills. maybe a few dollars more and you should be good.