Short YouTube advice clip featuring Derek DeHayes (CFP®, Q3 team) summarizing three rules of thumb for Roth conversions: (1) convert more than you think, (2) don't procrastinate—do conversions sooner, and (3) evaluate after-tax net worth rather than only tax savings. He references working with Craig Ware and the Rothology service and ends with a call-to-action to learn more.
Here are the three real rules of thumb when it comes to Roth conversions. Hey, I'm Derek DeHayes. I'm a certified financial planner here in the Q3 team, helping clients every day do Roth conversions optimally. You've probably been introduced to the Rothology service through Craig Ware and maybe seen some materials from him. I work with Craig and I'm privileged to kind of help clients find the optimal strategy. So the three rules of thumb for Roth conversions that you probably didn't think about. Number one, convert more than you think. More than you're comfortable with in a lot of cases. Number two, don't procrastinate. Do it sooner than you think. The sooner you do it, the more benefits you're going to get from it in the long run. Number three, don't just focus on the tax savings. Also look at the after tax net worth. Not just short term but also long term to understand that it's not only a good tax decision do the conversions, but also a good financial decision. Doing it right can be life changing. We'd love to help you. If you think this might be your kind of thing, click the link below.
