Skip to main content

Posts

Showing posts with the label financialhealth

Analyzing Roth Conversions: Evaluating the Worthiness for Retirement Planning (Roth Conversions Part II)

This week's live will pick up from last week's topic: Roth Conversions. Last week I explained what a Roth conversion is and why they are the ultimate in delayed gratification! Why is this the case? Because whatever you convert will cost you in taxes NOW. You do a conversion because you know the prepayment of retirement taxes will be worth it in the future. This week with when you should think about utilizing this strategy. Because Roth conversions can cost you money in taxes today, you want to be strategic about when you implement this financial tactic. Remember, Financial Freedom is found through Discipline 👏 01:42 – Stream starts 💸 Access Financial Freedom Resources: 🚀 Join My FREE retirement planning Basics Course: 🗓️ Schedule a FREE Initial Consultation! : ✅ Subscribe! : ✅ My Instagram : ✅ My Twitter : ✅ My Substack : Timestamps: 01:42 – Stream starts 04:02 – What is a Roth IRA (quick summary) 06:42 – What is a Roth conversion 07:39 – Roth co