Hi all. I’ve been early retired for quite a while and have done some significant conversions from pre-tax Ira to Roth IRA. At this point I’d like to look into graduating from my Excel spreadsheet model to a proper projection tool. My goal here is to optimize my Roth conversions. What tools can you suggest…or even recommend against?
New to Retirement Withdrawal Strategies?
Read our Complete Retirement Withdrawal Strategies Guide →Roth Conversions during early retirement - what tools are the best options?
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KevinInColorado
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5 replies
Replies (5)
Weaselorlando
1 year ago
I have been using Boldin, formerly NewRetierment, for retirement planning. They have a Roth conversion explorer that I have played around with. I have heard some different “experts” from Bogleheads convention videos say good things about this planning tool. It’s not very expensive. Overall, I like it.
JenSpokane
1 year ago
I would love this tool. We’re in our first full year of early retirement and deciding how much to convert is something I think about a lot.
kindaFI
1 year ago
I don't have an answer for you. This Traditional to Roth conversion is something I'm planning to do as well once we commit to early retirement. I haven't thought too much about the mechanics yet, as I just figured it was a matter of doing as much as you can as soon as you can - with the limit each year being dictated by your tolerance for paying income taxes (clearly, at some point, the marginal rate doesn't make sense). I've found nothing is ever as simple as I think it will be, so what kinds of things am I missing in terms of this optimization problem?
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