Reading the following thread below, one of the common points mention was/is the regret of not enough Roth
Linky Here
This type of conversation comes in many forms, more so on pre planing side. The above thread was a little bit of an eye opener looking at it from the other side.
Like many before me I'm getting to the point of wondering what is a good mix between taxable/tIRA/rIRA and how to make it happen.
Understand lot of this is Wizard of Oz stuff trying to out guess the future but we all need to start at someplace.
I also think it's small window to make any meaningful moves and or corrections. Early 50s, want to work a couple of more years, retire around mid to late 50's does not leave many years to button up the details before more moving parts come into the picture. Rather we like it or not I think planing for a loss of spouse should enter into the picture too.
To give this thread some meaning what would be your optimal mix between taxable/tIRA/Roth?
Portfolio size matters, I would like to keep this discussion in the context of not many options. Think the following portfolios covers many of us common folk, good chunk of Americans.
800k-Million
1-2 million
2-3 million
Anyone want to give some insight for the sweet spot.
Linky Here
This type of conversation comes in many forms, more so on pre planing side. The above thread was a little bit of an eye opener looking at it from the other side.
Like many before me I'm getting to the point of wondering what is a good mix between taxable/tIRA/rIRA and how to make it happen.
Understand lot of this is Wizard of Oz stuff trying to out guess the future but we all need to start at someplace.
I also think it's small window to make any meaningful moves and or corrections. Early 50s, want to work a couple of more years, retire around mid to late 50's does not leave many years to button up the details before more moving parts come into the picture. Rather we like it or not I think planing for a loss of spouse should enter into the picture too.
To give this thread some meaning what would be your optimal mix between taxable/tIRA/Roth?
Portfolio size matters, I would like to keep this discussion in the context of not many options. Think the following portfolios covers many of us common folk, good chunk of Americans.
800k-Million
1-2 million
2-3 million
Anyone want to give some insight for the sweet spot.