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Subject:  Re: Still don't know whether to convert to Roth Date:  6/5/2000  12:09 PM
Author:  millerd Number:  22375 of 88758

You are in good company. Most calculators are designed to show that a Roth is superior to a traditional IRA. And, it may be that the Roth is superior. But there is a price and no one can really measure the balance between the price and the benefit until all is known many years from now. In the meantime, your gut is telling you something that has an element of truth to it. If you pay $1,700 to Uncle Sam this year, that $1,700 will not be available to work for you for the rest of your lifetime (another unknown). Compounded over your lifetime, the $1,700 could be significant (as could the potential taxes on that accumulation). But, it's OK to choose to have more money and face a tax problem when you consider the possiblity of having too little money (which is where you have been).

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