I am trying to estimate what our RMD’s will be and what that does to future taxes (the old roth conversion question).
How do folks estimate their future RMD/tax implications?
I was using one of the online calculators and started to plug that into our tax estimator but then wondered if I should actually be plugging inflation adjusted return values vs nominal values? Should I assume that tax brackets will be adjusted in future?
Since we are 58 and 60, nominal vs real returns make a huge difference in terms of RMD’s especially in the out years.
How do folks estimate their future RMD/tax implications?
I was using one of the online calculators and started to plug that into our tax estimator but then wondered if I should actually be plugging inflation adjusted return values vs nominal values? Should I assume that tax brackets will be adjusted in future?
Since we are 58 and 60, nominal vs real returns make a huge difference in terms of RMD’s especially in the out years.