Craig Wear breaks down Roth conversions as a five-step process, not a one-time move. Proper execution timing and coordination can add $30,000 in value per $1 million converted, even without changing the core plan.
I want to make sure you understand something about how a Roth conversion actually works when it's done well. Because this isn't a single transaction. It's not something you do in an afternoon in December and call it good. A conversion done well is a result of 5 things coming together and each one of them has its own lead time. So each of these takes time. And here's the thing, compressing that window doesn't compress the plan. The plan can still be excellent. What gets compressed is the execution window. And execution is where the value actually lives. Having a plan is nothing implementing it and doing something with it is where it lives. Our research shows that conversions executed with more of a planning year, meaning proper coordination, the right timing, strategic investment selection, can add as much as $30,000 of value for every million dollars in the Roth converted. That's not a small number, and it's not because the plan itself changed. It's because everything around it had time to work. You gave yourself the opportunity to be in a position of winning on this deal.
