Ok, so I am going back and forth on when and how to take distrabutions from my 457b plan. I just retired, and dont plan to need this money any time soon. A roth conversion of the whole amount does not make scense to me. But I was thinking of maybe a smaller chunk every year and roll that to a roth? Or just put it into something else. Money is in a 4 percent account, and it is not all my assets. Account is about 435, 000 my options are , as I see it, take out the intrest now, that gives me about 15k a year, and I will not touch the 435,000. Thats if I dont cross into the next tax bracket. Wait 10 years, take 25k a year and have about 650k in the account. Or wait 15 years, and take 30k out leaving 750k in the account? I am 50 now. I do not think I will need this money untill I am 65.
Or if anyone else has a better idea? I know 4 percent is low, but its my guaranteed account that if all else fails, I will have enough.
Or if anyone else has a better idea? I know 4 percent is low, but its my guaranteed account that if all else fails, I will have enough.
