Should I do Roth Conversions or Claim Social Security When I Retire? скачать в хорошем качестве

Should I do Roth Conversions or Claim Social Security When I Retire?

Now that you have money saved in your IRA and 401k accounts and you’re starting to prepare for retirement, one of the big questions that you might start asking is what’s the best way to take income once you get into retirement? Should you do Roth conversions, start taking Social Security, or do a combination of the two? We find that people aren’t typically prepared for the tax surprise that comes along with taking Social Security so we want to take you through another hypothetical example of a couple in this same situation. We’ll show you what would happen if they do Roth conversions upfront versus taking Social Security right away. How do each of these scenarios impact the other option? Find out how we arrive at each decision and learn about the factors that will help determine what path you should take. Here’s some of what we discuss in this episode: 0:00 – Intro 0:54 – Hypothetical case details 4:02 – Baseline 8:13 – Focus on Roth conversions 16:20 – Focus on Social Security 21:38 – Scott’s opinion #rothconversions #socialsecurity #taxplanning #retirement Begin the 'Max My Retirement' Gameplan here: https://sierensfinancialgroup.com/wor... Want to learn more about financial and retirement planning? ➟ https://bit.ly/3tcS3vn _____________________________ CONNECT 🤝 Facebook:   / sierensfinancial   LinkedIn:   / scott-sierens-sfg   Podcast: https://lifemoneyshow.com/podcast/ _____________________________ CONTACT ☎ Website: https://lifemoneyshow.com/ Phone: (847) 235-6989 Email: [email protected] Appointment: https://calendly.com/sierensfg/intro-...