Hi :
I am age 60, retired, and living off my taxable savings only.
I plan to convert 15-20K of traditional IRA each year to a Roth account (my first). I don't need the money to live on.
For this first year, I converted 10K to Roth in April and put it all in Fidelity Puritan. FPURX has increased in value by $720 on paper since April.
I'm about to convert another 5K in September. I'd wait until the end of the year however, I need to show accurate documentation of my income in early November to sign up for a HC plan and get an accurate cost.
Guess I'm looking for a solid performer with steady growth. Do I have it already? Or should I use a more aggressive fund for a Roth?
I am age 60, retired, and living off my taxable savings only.
I plan to convert 15-20K of traditional IRA each year to a Roth account (my first). I don't need the money to live on.
For this first year, I converted 10K to Roth in April and put it all in Fidelity Puritan. FPURX has increased in value by $720 on paper since April.
I'm about to convert another 5K in September. I'd wait until the end of the year however, I need to show accurate documentation of my income in early November to sign up for a HC plan and get an accurate cost.
Guess I'm looking for a solid performer with steady growth. Do I have it already? Or should I use a more aggressive fund for a Roth?