Short video segment where Craig Wear, CFP® emphasizes having an investment transition game plan when doing Roth conversions. He notes DIY investors can implement their own plan, while those using an investment advisor should discuss and decide on approach together. The central question posed is which assets to convert first versus later.
You want to have an investment transition game plan in place, and if you are a do it yourselfer on your own investments, then you're able to do it all by yourself, no worries. If you use a financial, an investment advisor to help you, then you need to have a conversation with them and you need to kind of figure out, how are we going to do this? And the reason that this is important is what we're really trying to answer is the question of which assets should I convert first and which ones should wait till later.
