Quote:
Originally Posted by RunningBum
There's no such thing as "always the best strategy" in most financial situations, and this is certainly one with too many variables.
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OP--
There are so many situations that one cannot control or know. Some people talk about the tax torpedo being the taxing of SS. That is just a pop gun to what often when the first spouse dies and they have both spouses incomes but file taxes as single. I have a relative who became widowed right as she was starting RMDs.
What would happen if you inherited someone else's nest egg (such as the one noted above?
It is difficult to define the best strategy when you don't know what will happen.
I'm now doing roth conversions up to the top of the 24% bracket. Will it be the least taxing? Not sure since I don't know every variable.
Go look at some old folks homes and see the % of men. You may want to consider the death of a spouse in your planning.
Run some ideal cases and some where bad thing happen (death of a spouse) and get a feel for where the edges of the problem space is. Then look at how to plan.