Quote:
Originally Posted by dewilson58
Not a Roth conversion fan, so I agree with your "Not sure I agree".
But, FYI, once you reach 65.......life expectancy is ~17 to 20 years.
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whew! If I make 85, I will be very happy. Most in my family make 90, if accompanied with good health care.
Diversification of income streams is a good idea, but under certain conditions, a ROTH is not much different than a regular taxable account, depending upon the investments made/held/traded. At times, a ROTH may be inferior to a standard taxable accounts, due to the inability of a ROTH to write off losses, as they do happen from time to time.
There is no free lunch with investing. You pay the entrance fee and hope that your positive expectancy comes true. And when selling at the top and buying at the bottom, the act is a counter intuitive action for many reasons, due to human brain's evolution over thousands of years of fear over happiness for avoidance of risk for survival.
good luck out there, we need it.