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Roth Conversion Retirement Spitball Analysis - 375

Your Money, Your Wealth

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Can You Create Income at 55?

Jemmy: A man with three million dollars in liquid assets could retire at 55. He can convert the money to a Roth IRA and pay no tax on it until he retires, but that would hurt his converging strategy. "I get what he wants to do, the conversions while working, because he's got cash," Jemmy says. 'But there's probably a better tax efficient way to decrete income'

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