Don't forget to look at & use the worksheet link Critter posted above. Right now, a 72-yo would need to take out ~4% as an RMD , but the amount goes up every subsequent year. (~5% at age 78, ~10% at age 92...etc)
The table in the referenced worksheet is valid right now for folks needing their RMDs for 2021, but a number of 3rd party public sites are indicating that the IRS has generated a new table for 2022 RMDs (and beyond), that appears to lower the minimums somewhat.....and they may change it again by the time you reach age 72.
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(I haven't found the actual new 2022 IRS table on the IRS's webpage yet...perhaps it's somewhat hidden to prevent accidental use by those still needing to take theirs this year)
____________*Answers are correct to the best of my knowledge when posted, but should not be considered to be legal or official tax advice.*
