If you’re bringing in roughly $130,000, you have some room to do conversions before you hit that threshold, at least until you have to start taking RMDs. If you don’t touch your IRAs, your combined $2.3 million could be worth $3.7 million by the time you hit the age you have to start taking money out. Your combined RMDs once you both start could be $140,000 a year; that’s considering average 7% growth, and is just a rough estimate. Even with just your pension income, you would mostly likely be paying tax on ...

New tariffs could increase prices and shake the markets. Here’s what retirees need to know about Roth conversions, big purchases, diversification, and staying the course. https://t.co/o1RMkJ8JAz ...