A short YouTube segment by Craig Wear, CFP® advising that an accelerated multi-year plan (including Roth conversions) can produce substantial Medicare premium savings—Craig cites typical client savings "somewhere between $80 to $100,000 or more"—while warning this approach can prolong required minimum distributions (RMDs) if already age 73 and delays realizing Roth tax-free growth benefits.
Most of our clients see us somewhere between 80 to 100,000 or more of actual savings of Medicare premiums by having an accelerated multi year game plan. So if your spreadsheets are not showing you that, then I don't know what to tell you other than the software we use that we've developed kind of tells a totally different story. Doing it over several years also gives you a lot of flexibility. Right. The negative is that it's going to prolong you to even more years of RMDs if you're already 73 years old. Right. And so that has to be taken into account. It also delays getting all the benefits from a Roth because they're, they're going to grow tax free forever. Right.
