I plan to eventually convert some IRA funds to a Roth over 5-10 years. I intend to pay the income taxes from a non-IRA source. The question is: Should this tax bite be treated just like any other budgeted retirement expense that must be supported by my SWR?
It seems a little harsh to do this since it should lower my tax expenses in the future. I guess it can be modeled as a step down in spending after a certain year. How do others treat this issue in FireCalc?
It seems a little harsh to do this since it should lower my tax expenses in the future. I guess it can be modeled as a step down in spending after a certain year. How do others treat this issue in FireCalc?