Because the OP said that they are living off of my investment and rental income. In order to stop the investment and rental income from coming in, the OP would presumably have to sell their investments/rental properties, likely resulting in capital gains taxes.As pointed out, there's not enough information. The investment income could be cashing in on the investments in a taxed account.The goal shouldn't be to minimize taxes paid each year but rather get the money out of a traditional IRA at the lowest tax rate. This could be done through conversions or withdrawals.-murray
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