SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Big Dog's Boom Boom Room
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: longnshort who wrote (150541)5/3/2011 5:58:49 PM
From: kollmhn3 Recommendations  Read Replies (5) of 206312
 
"I hope to be in a lower bracket then 35% when I fully retire, "

That's a strange thing to say. You should hope for improved circumstances rather than reduced income.

"but it's different for everyone..."

Yes, it is. But until you've seen the projections for your circumstances (where the conversion tax bill is paid from non-IRA sources) you won't appreciate the value of doing one.

You may be in a lower bracket when you retire. Fortunately, I won't be in any bracket other than the top one, whatever it is.

On of the powerful incentives to doing the conversion (which you might appreciate) is that there is no required minimum distribution for a Roth. And, since extra income is not required or desired, it allows for continual growth rather than depletion. Assuming, of course, one's investment acumen remains intact.

It makes one's children smile, too.

I think you need to bone up on the subject a little more.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News