Inputs (from Fixed Projection)
Traditional 401(k) / IRA balance
$25,000
Roth balance
$0
Brokerage balance
$10,000
Expected other retirement income
$0
Income replacement at retirement
$60,000
All values are pulled from the Fixed Projection tab. Update them there to refresh this plan.
Recommended strategy
Annual conversion amount
$25,000
Fills your 12% bracket
Estimated conversion tax
$2,752
Year-1 cost
Marginal bracket impact
12%
Top bracket on conversion
Lifetime tax savings
$60,915
vs. No Conversion
Scenario comparison
| Metric | No Conversion | Partial (fill 12%) | Aggressive (fill 24%) |
|---|---|---|---|
| Lifetime taxes paid | $310,014 | $249,099 | $249,099 |
| Avg net retirement income/yr | $82,266 | $83,740 | $83,740 |
| Portfolio at retirement | $373,680 | $344,298 | $344,298 |
| Legacy at life expectancy | $0 | $0 | $0 |
Traditional balance over time
Roth balance over time
Taxes paid each year
Retirement income each year
Model notes & limitations