Your Money, Your Wealth

High Net Worth Pre-Retirees Share Their Biggest Fear (Here's How to Calm It) - 566

10 snips
Jan 27, 2026
Couples with very different account balances share one common worry: will the money last? The conversation touches on Roth conversion timing, withdrawal strategies, and how a written plan eases retirement anxiety. Tax-aware investing tactics like long/short direct indexing and capital gains harvesting get explored. They also debate pension lump sums versus lifetime streams and working after 70 logistics.
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ANECDOTE

Early Saver With Mega Backdoor Roth

  • Mr. and Mrs. Smith are 43 with about $850,000 and strong saving habits but worry about running out of money.
  • They use mega backdoor Roths and consider converting spouse's IRA to Roth to reduce future RMDs.
ADVICE

Do Small Roth Conversions Early

  • Start small Roth conversions now and convert a bit each year while in the 24% bracket to grow tax-free.
  • Focus on consistent savings and you likely won't need aggressive worry about future RMDs.
ADVICE

Project Conservatively And Keep Saving

  • Keep saving and projecting using conservative return assumptions to see long-term outcomes.
  • Regular contributions plus reasonable returns can grow modest balances into multimillion-dollar portfolios by retirement.
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