A short YouTube talk by Craig Wear, CFP® advising viewers to convert assets faster and at higher tax brackets than they might be comfortable with, arguing that doing so correctly can save or avoid millions of dollars in taxes over a lifetime and improve heirs' financial positions.
In order for you to get the biggest bang for your buck, you probably are going to need to convert a lot faster than what you probably are comfortable with right now, and probably at a lot higher tax bracket than you imagined, or that you're also comfortable with. But if you get it right, you're going to save millions of dollars of tax or you're going to avoid a million dollar millions of dollars of tax over your lifetime and you're going to put your heirs in a much better position.
