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I am planning on waiting until 59 1/2 so that I can withdraw money from my IRA penalty free. I also plan on being retired at this time, so I should not have to pay income tax. Considering that my income tax rate would be 0% since I am not generating any income, shouldn't I contribute to a traditional IRA rather than a Roth IRA. I figure if I have no income, then my tax burden will be exactly the same with a traditional as a Roth. Also, the tax benefits I will get every year from my traditional IRA while I am still working, I can reinvest. The total return from my traditional IRA + my reinvested tax return every year should beat what I would have had in a Roth. Is this correct?
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