Jay Abolofia, PhD economist, CFP, and President of Lyon Financial Planning, shares his expertise on optimizing Roth conversions for significant tax savings. He introduces the MaxiFi Roth Conversion Optimizer, a tool designed to strategically manage tax implications during retirement. The conversation delves into the complexities of capital gains taxes and the timing of Social Security benefits. Jay emphasizes personalized strategies over conventional planning methods, illustrating how well-timed conversions can lead to increased discretionary income and long-term financial stability.
