There are many milestones one has as one gets older. They include retirement, children's weddings and graduations, as well as the death of one's friends. Of course, there is signing up for Social Security and Medicare. Many of us don't realize that there is another milestone awaiting the senior. This kicks in on the year you turn 73. If you have a traditional IRA, that is when you have to start paying your accumulated taxes on the IRA. It is a simple proceeding really; the morbid part is when you have to look at the table that tells you when you are likely to leave this earth, at least according to the IRS.
Looking at my number I thought "How much money and worrying I do about my health. Going to the doctor when he tells me, and doing all the procedures when, no matter what I do, the age of my demise has already been spelled out by Uncle Sam."
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