Is A Roth Conversion Worth It Before Age 85 Or 90?
Have you ever been told that a Roth conversion isn't worth it unless you live to age 85 or 90?
Maybe an advisor told you that, or perhaps you ran the numbers yourself and came to the same conclusion. Either way, that so-called break-even age could be influencing your retirement decisions more than it should.
What Does Roth Conversion Break-Even Math Leave Out?
The problem is that a traditional break-even calculation may measure just one factor while completely ignoring five others that could change the answer.
When you look only at how long it takes to "break even," waiting until age 85 or 90 may seem reasonable. But once you consider what that calculation leaves out, the picture could look very different.
That's why it's important to understand the full impact a Roth conversion could have on your retirement account before deciding whether or not it makes sense for you.
Look Beyond the Break-Even Age
In the latest video on The Retirement Architect, we take a closer look at what traditional Roth conversion break-even math may leave out and why those missing factors matter.
Head over to The Retirement Architect on YouTube to watch the full video and subscribe for more retirement planning insights. It could change the way you look at your retirement account.
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We'd be happy to review your wealth management portfolio with you! Give Torres Wealth Advisors a call at (413) 348-6287 or visit torreswealthadvisors.com to learn more.
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