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Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host

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To: Sam2482 who wrote (2890)1/19/1998 12:43:00 PM
From: Sandy J  Read Replies (2) of 42834
 
Vicki,

I too have an established (20+ years) IRA that I was debating converting to a Roth IRA. I decided against converting for two reasons: 1) I hope that I will have a lower tax rate when I retire and start drawing out of my IRA and 2) it would take several years of double-digit gains in the stock market to make up the amount I would have to take out to pay the tax and I only have about 5 years left until I take up residence in the Land Of Critical Mass.

Sandy J
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