The World

Retirement planning amid economic turbulence

John McCain unveiled an economic plan that would waive rules forcing senior citizens to withdraw from their IRAs or 401(k)s beginning at age 70 1/2. Barack Obama also supports the idea. What could the proposed rule change means for retirees?

On October 10, Republican presidential nominee John McCain unveiled an economic plan that would waive rules forcing senior citizens to withdraw from their IRAs or 401(k)s beginning at age 70 1/2. Democratic presidential nominee Barack Obama also supports the idea. What could the proposed rule change means for retirees? Guest: Angela Thomson, Certified Financial Planner (CFP), Coastal Financial Planning Inc., Lincoln, Rhode Island