Craig Wear, a CFP, explains why aggressive Roth conversions backfire for retirees already withdrawing 3-4% or more from their IRA for living expenses. If you have no other funding buckets, slowing conversions and taking a strategic approach works better.
The biggest one really has to do with if you're already retired and you're already withdrawing, oh, say 3 or 4% or more of your IRA for living expenses and there's no other bucket that you could take the money from, then you probably are not going to be a great candidate to do aggressive Roth conversions. We probably would have you slow your roll. We'd probably get a little bit more strategic. We'd probably kind of look at the big picture on a financial planning scale. The.
