Deciding to retire is just the beginning of your retirement decision-making. From tax planning to Social Security decisions, finding the best strategies for you requires regular analysis.

Video recap: https://youtu.be/TleOZ8CwYXw

Today’s question comes from a client who recently read an article from Rethinking 65 titled Why Trying to Quantify Roth Conversions Is Futile. After reading the article the client wanted to know if they should take advantage of Roth conversions. As we explore this question today, you’ll learn how you can decide whether Roth conversions would be a good fit for your retirement situation.

Outline of This Episode

• Cameron’s thoughts on the article [1:42]
• When to take the income [3:48]
• Look at other areas of your life when considering a Roth conversion [7:48]
• Longevity risks that come with retirement [13:38]
• How taking Roth conversions could affect Social Security [16:58]
• Today’s progress principle [22:20]

Resources & People Mentioned

• Rethinking 65 article - Why Trying to Quantify Roth Conversions Is Futile 
• Episode 140 - Choosing the Right Investment Vehicles to Save for Retirement 
• Episode 101 - Solving the Social Security Tax Bubble Mystery
• Episode 104 - How an IRMAA Appeal Can Save You Thousands of Dollars in Medicare Premiums

Connect With Chad and Cameron

• https://www.financialsymmetry.com/podcast-archive/ 
• Connect on Twitter @csmithraleigh @TeamFSINC
• Follow Financial Symmetry on Facebook

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