Trying to get my head around taxable first. With taxable, I’ll pay near zero taxes. The biggest drag would be dividends, but you would live off of those anyway.
Why wouldn’t you withdraw from tax deferred plus dividends, so that RMDs don’t build up? You might end up with higher taxes due to RMDs. And at some point you’re going to collect social security, so you have a limited window to do Roth conversions at reasonable marginal tax rates.
Help me out. I have to be missing something.
Does any software exist, where I can model this versus using Excel or Google Sheets?
Why wouldn’t you withdraw from tax deferred plus dividends, so that RMDs don’t build up? You might end up with higher taxes due to RMDs. And at some point you’re going to collect social security, so you have a limited window to do Roth conversions at reasonable marginal tax rates.
Help me out. I have to be missing something.
Does any software exist, where I can model this versus using Excel or Google Sheets?
Statistics: Posted by rockstar — Mon Jul 08, 2024 10:19 am — Replies 66 — Views 7692