Single or Married makes a huge difference.
Max Social Security AND pension?
How big is your NON qualified, taxable investment account?
Basically, there is a balance between three Investment account buckets:
IRA/401K
Taxable Investments
Roth IRA
There is a balance between three income sources
Social Security
IRA RMDS
Pensions
and the the more controllable bucket but also can be very lumpy and very hard to predict, is your total living expenses combined with your age and health conditions, now and in the future.
Also, delaying Social Security will help with the conversion and can even be used while delaying social security. The question is: will you be using the Roth to NOT WITHDRAW from your taxable account? or to use if you don't have a significant taxable investment account to withdraw when SS and Pensions/interst and dividends are not enough? if uncertain, please review the size of your three investment account balances above.
for most people, you do not need more than 200K in a Roth right now, age late 60s when the optimal time is to convert when not working. Converting $200K all at once is a very big tax check, so equal amounts over the pre IRA RMD years will be the best, depending upon circumstances.
And as an anon poster, I have 30 + years in corporate finance building forecast models for all kinds of financial scenarios, and if you want to discuss further, please send me a private email, and I can get you started in the concepts so that you can discuss a plan with any CFP and CPA.
Finally, a CPA focuses on tax reduction strategies, and a CFP focuses on wealth management, investment increases which are two opposite points of view, complementary, but be sure that you understand where each strength lies and what to expect their contribution would be.
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