Craig Wear, CFP® (speaker) recommends Roth conversions as a powerful way to improve retirement withdrawal strategies by reducing or eliminating required minimum distributions (RMDs), which can yield substantial income-tax savings—potentially millions in their calculations.
So one way of improving your withdrawal strategy is very significantly, in many ways is to do Roth conversions. Roth conversions can have the impact of significantly enhancing your withdrawal strategy because you reduce those require minimum distributions that are going to come to you. But in our calculations, if you're a good candidate for Roth conversions, you'll save literally millions of income taxes because of you're going to dramatically reduce or totally eliminate your required minimum distributions.
