What is the minimum you're required to withdraw from a $500,000 retirement account?

Knowing how much you're required to withdraw in retirement can help you avoid costly missteps and make the most of your savings. Nora Carol Photography/Getty Images Retirement planning has always required a careful balance between saving enough and spending wisely. But for the millions of Americans who are nearing or already in retirement, the focus eventually shifts from accumulating more funds to distributing them — and that transition can come with strict rules that catch people off guard. …