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Roth401k conversion
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<blockquote data-quote="Brownslave688" data-source="post: 1105986" data-attributes="member: 34439"><p>U just made my point for a Roth. U only know the present so just pay the taxes now. </p><p></p><p>The big advantage to a Roth for me comes in knowing all that money is mine. I don't have to plan around taxes. I know this could change but if it goes I believe all retirement tax advantages will be taken away so it won't matter. </p><p></p><p>Also we should all strive to be in a higher tax bracket come retirement. Between my wife and I I fully expect to retire with somewhere in the neighborhood of 6 million in investments. That won't include any business income or rental property income.</p></blockquote><p></p>
[QUOTE="Brownslave688, post: 1105986, member: 34439"] U just made my point for a Roth. U only know the present so just pay the taxes now. The big advantage to a Roth for me comes in knowing all that money is mine. I don't have to plan around taxes. I know this could change but if it goes I believe all retirement tax advantages will be taken away so it won't matter. Also we should all strive to be in a higher tax bracket come retirement. Between my wife and I I fully expect to retire with somewhere in the neighborhood of 6 million in investments. That won't include any business income or rental property income. [/QUOTE]
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