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Author: WEEBOY Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 76095  
Subject: rOTH VS ira FOR RECENTLY RETIRED Date: 4/22/1998 1:58 PM
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RECENTLY RETIRED AT 67, $40k IN IRA, WIFE 62 HAS $40K IN IRA. WE WILL NOT need FUNDS FROM IRA FOR AT LEAST 5-10 YEARS. IS THERE ANY ADVANTAGE TO SWITCHING TO ROTH AT THIS LATE DATE. NOT YET SURE READY TO COMMIT TO GRANDKIDS FUTURE UNTIL WE SEE WHAT OUR NEEDS AND OPTIONS ARE.

PRESENT INCOME ADEQAUTELY COVERED BY DIVIDENDS AND CAPS GAINS ANNUALLY IN CASH.ESTIMAT TAX BRACKET AROUND 28% FOR NEXT 3-5 YEARS.
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