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Hi Gerald, I just meant doing the conversions in the near term rather than the long term. Are you using MaxiFi.com? If not, please run it and see what it suggests in terms of your own conversion strategy. best, Larry
I have been following you for years and have read your books. I have also read Mr. Slott's information on Roth conversions.
I have never seen "short term conversions" when speaking about a ROTH conversion. I have no idea what this means as an IRA conversion to a ROTH is irrevocable. Could you please clarify to us readers what you mean by this?
Hi Gerald, I just meant doing the conversions in the near term rather than the long term. Are you using MaxiFi.com? If not, please run it and see what it suggests in terms of your own conversion strategy. best, Larry
I ran the model for a two income couple near retirement and was struck by the PV of savings in Part B premiums under the conversion choice.
I got it, and I'd love to go big and get it over with, yet it keep on telling me to go small.
Mr. Kotlikoff,
I have been following you for years and have read your books. I have also read Mr. Slott's information on Roth conversions.
I have never seen "short term conversions" when speaking about a ROTH conversion. I have no idea what this means as an IRA conversion to a ROTH is irrevocable. Could you please clarify to us readers what you mean by this?
Thank you,
Gerald Berkowitz
Park Ridge, ILL
I expect Larry meant to convert a relatively large amount, rather than smaller amounts spread over time.