No. of Recommendations: 0
Hi Bill,

Wanted to thank you for getting me to really think about the Roth conversion, and for replying to my tax bracket questions.

Even if I assume that I'd be in the 15% bracket at retirement, everything I've seen seems to point to the Roth being the better alternative, as I have more (much more) than 10 years to go until retirement and can pay with non-IRA funds. I site Pixy's article and the Fairmark site, among others.

Also, the Roth seems much more flexible and I can take the taxes over 4 yrs if I do it now. Not to mention that I recently lost 15k ("only" worth 30k now) in my 401k, so I'd have less to pay now anyway!
Then the funds can keep growing tax-free during retirement, yet are available if needed as soon as 59.5 yrs (if not sooner for special cases).

Overall, I believe I'd have more money later, and access to it would be more flexible with the Roth. I still am maxing my new 401k, and am thinking of keeping that one in a 401k/regular IRA.

Thanks again for your insight!
Best Regards,
Print the post  


The Retirement Investing Board
This is the board for all discussions related to Investing for and during retirement. To keep the board relevant and Foolish to everyone, please avoid making any posts pertaining to political partisanship. Fool on and Retire on!
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.