The point was that after you retire, presumably your income will drop. If that happens in the next couple of years, rates will likely still be low –maybe lower than you will see in your lifetime! That was the point of the column. So you might want to take money out of your 40l(k) in the couple of years right after retirement — but BEFORE the RMD requirement at age 70-1/2 — IF you think that rates will be higher then! You don’t have to spend that withdrawal — you can invest it, or put it in Treasury bills to keep it safe and earning current rates.