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Thread: IRMAA not worth getting excited over unless LARGE IRA
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Old 10-17-2023, 10:05 AM
Carla B Carla B is offline
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Quote:
Originally Posted by Ski Bum View Post
Thank you! I realize there are a bunch of variables, but I really appreciate this analysis (and I know it was a ton of work). This describes my wife and I fairly well and I have been wondering where the cut off point would be. This analysis places that point at $3M. Even if that is off by $1M, the info is useful. I always suspected it wasn't worth doing a conversion. I just wish I would have started a Roth younger. My kids know from my error though!
Depending on your age, maybe you shouldn't feel bad for not starting a Roth earlier. Remember, there was no Roth IRA until 1997.