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Strategies & Market Trends : Retirement - Now what?
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To: Drygulch Dan who wrote (182)6/11/2007 12:59:15 PM
From: deeno  Read Replies (1) of 288
 
IMHO

Well it completely depends on your situation.

1. I assume you dont need the money, becasue then you wouldnt have asked the question.

2. I assume youve retired on good terms for income/lifestyle as you sound like it was your choice.

3. I assume your in a reasonabley high tax bracket because of past querys on estate planning.

4. I assume those rates are not going to change much other then by congress.

Obviously thats a lot of assumptions that may or may not apply. Suffice it to say if you want a real opinion based on your situation your acutually going to have to either pay someone or visit 3 or 4 brokers that say they speciallize in this stuff and form a conscienses.

so you want an unusual way to progress. Start taking the money out now. As much as you can without increasing your bracket or AMT. Take that money and move it over to a ROTH. THIS money grows TAX FREE, you never have to take the money out at any age and your heirs can decide with their accountants how to best structure their situations. IF you wait till 70 1/2 you are likely going to have higher distributions you must take and may raise your brackets. You also run the risk of higher brackets in the future from congress and a whooping heir tax liablility if its any decent size.

Finally, if its not all that much money, you need to go back to work becasue you have way to much time on your hands ;^D.
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