Hello,
I am 57, semi retried (8 months) have been investing in dividend stocks for 20 or so years and also into ETF's (not as long), I have approx. 85% of my investment in Dividend Aristocrats, Kings and Champions. The remaining 15% are either in ETF’s or stocks that don’t fit in the Aristocrats/Kings (NVDA, TSLA, GOOGL). Plan on taking S.S at 62, have a pension that covers expenses plus part time employment.
Currently not taking anything from dividends. I have $300,000 personal taxable account, $500,000 in an tIRA account, and $100,000 in Roth IRA. All are invested in the same Dividend stocks (not sure how wise that is?)
$500,000 in 401k (no longer contributing due to retirement), $650,000 in DROP acct., $150,000 in current employment retirement acct. that I contribute to currently. Last year's taxable income was about $140,000. I am in 24% tax bracket, the cap for which is about $197,000 for 2025.
Always looking for advice / opinions on best ways to handle IRA's, ROTH's. To do or not to do a ROTH conversion. Currently have about $200,000.00 in cash in my tIRA acct.
Thank you,
D
I am 57, semi retried (8 months) have been investing in dividend stocks for 20 or so years and also into ETF's (not as long), I have approx. 85% of my investment in Dividend Aristocrats, Kings and Champions. The remaining 15% are either in ETF’s or stocks that don’t fit in the Aristocrats/Kings (NVDA, TSLA, GOOGL). Plan on taking S.S at 62, have a pension that covers expenses plus part time employment.
Currently not taking anything from dividends. I have $300,000 personal taxable account, $500,000 in an tIRA account, and $100,000 in Roth IRA. All are invested in the same Dividend stocks (not sure how wise that is?)
$500,000 in 401k (no longer contributing due to retirement), $650,000 in DROP acct., $150,000 in current employment retirement acct. that I contribute to currently. Last year's taxable income was about $140,000. I am in 24% tax bracket, the cap for which is about $197,000 for 2025.
Always looking for advice / opinions on best ways to handle IRA's, ROTH's. To do or not to do a ROTH conversion. Currently have about $200,000.00 in cash in my tIRA acct.
Thank you,
D
