How to Reduce the Tax Bite with Roth Conversions
Optimize your tax bracket and reduce your tax bite with strategic #rothconversions! This week's video provides a clear and structured approach to managing withdrawals in early retirement. A must-watch for savvy retirees. #TaxStrategy #EarlyRetirement #RothConversions
No "Snickers!"
I was inspired by the Halloween candy for this illustration of how I approach Roth Conversions, or "BabyRoths" as I call them.
I did a similar analogy a few years ago in this video:
• Figuring Out Roth Conversions
And you'll find my own spreadsheets and online tools I've used to think about Roth conversions in these past videos:
• How to Plan a Roth Conversion
• More Ways to Plan Roth Conversions
And be sure to see my Google Sites for a spreadsheet I used to create this sweet analogy!
https://docs.google.com/spreadsheets/...
Here's my standard warning: I'm not a financial planner. I'm not a professional. There are no initials after my name. So take these as entertaining ideas from an educated DIY retiree. Always do your own due diligence, and seek out a professoinal if you need one.
Follow me on X (formerly Twitter) @iwasretired.
See my Googles Site (link above) for shared links, spreadsheets, and more.