A YouTube video by Craig Wear, CFP® discussing IRA conversion strategies using a real couple case study. The presenter compares three scenarios—no conversion, partial conversion to the top of their current tax bracket each year, and an optimized conversion strategy—to identify which approach maximizes after-tax net worth and tax savings under conservative assumptions.
Here's a real live couple that are on this table that's presented to you. They had about a million and a half dollars of IRA money. They're in their mid-60s. We used very conservative assumptions about rates of return and how long they're going to live and all those kinds of things. But you'll notice here that we laid out three different scenarios for you to look at today. This is not, by any stretch of the imagination, all that they saw, but I'm just going to show you the three most reasonable ones that they looked at. So they didn't do any conversion at all. Then the middle column is, if they just converted to the top of their current tax bracket each year, what would happen? And then the last one was the optimal strategy, the one that we found for them that helped them the most, that gave them the highest net worth and the highest amount of tax savings. And.
