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We are in our early 50s, and I plan to work full-time for another 10-12 years. My 401(k)(no regular pension) is maxed out at $18K per year, and we are both eligible for IRAs. We don't have enough income to fund these IRAs, so we have been using taxable savings to fund them (one Roth and one regular IRA). Savings are adequate to fund these IRAs for the next 12 years. We are in the 15% Federal tax bracket now, and I don't expect that will change during retirement.

Question: Is this a good strategy, or should I retain more investments in the taxable account?
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