Too Much 401k Money? The $3M Roth Conversion Problem - 579

Saving into Roth instead of traditional accounts to bring down required minimum distributions in retirement, and whether retiring early is in the cards: that's today on Your Money, Your Wealth® podcast 579 with Joe Anderson, CFP®, and Big Al Clopine, CPA. Brian in New York and "Todd and Margo" in Utah each have over $3 million in their pre-tax accounts. What should their Roth conversion strategies look like, and can Todd retire this year? But first up, should "Captain Morgan" go Roth to avoid RMDs and can he retire in a couple of years? Should "Klo Jopine" contribute to Roth instead of traditional if his income will always remain the same? Finally, Kyle and Katie have high incomes and need a spitball on how they can avoid future RMDs. Ya think Roth conversions might be in their future? We'll find out.

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Chapters:

00:00 - Intro: This Week on the YMYW Podcast
00:58 - Should I Go Roth to Avoid RMDs and Retire at 51? (Captain Morgan, CA)
11:33 - Roth vs Traditional for Flat Income Earners? (Klo Jopine, TN)
22:53 - Big Roth Conversions to Tame a $3.5M 403(b)? (Brian, NY)
27:36 - Can I Retire in 2026 and Spend $200K/yr? (Todd 54 & Margo, UT)
34:53 - How High Income Earners Can Reduce Future RMDs (Kyle & Katie, Midwest)
44:37 - Outro: Next Week on the YMYW Podcast