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Old 05-08-2022, 07:39 AM
Stu from NYC Stu from NYC is offline
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Quote:
Originally Posted by Boomer View Post
That is excellent advice. I was doing exactly that. I wish I had done more. Time got away from me.

Anybody in this boat should take note.

Boomer
If you do convert to a Roth you lose the opportunity to grow your money after conversion (the portion you have previously paid in taxes). That 25% paid in taxes could be working and growing for you for many years.

As a result it is not clear to me that a roth conversion is such a good idea.