![Re: [TSPStrategy] Roth conversions](http://2.bp.blogspot.com/-erTXCq61ULM/TmHYAQBZ0GI/AAAAAAAACCs/6cBX54Dn6Gs/s110-c/default.png "Re: [TSPStrategy] Roth conversions")
Yes, I've used Boldin and Pralana to estimate Roth conversions I plan to begin this year. What questions do you have about it?
While I prefer Pralana, Boldin is considered the easier of the two to master and has sexier graphics. I just prefer the way Pralana presented the data and thought Boldin's approach was a little too basic. Nevertheless, I found that they gave me the same rough answer about how to space out my conversions over the next ten years while staying below the next IRMAA bracket (Boldin was a bit more aggressive). Pralana's Social Security optimizer also recommended waiting till 70 to take it. But for SS, there are free online tools that would give you the same answer.
I don't think you need an advisor to do conversions. My intuition was that it was probably "good enough" for my situation to limit conversions to the 22% federal tax bracket, and that is the answer I got from the tools. Any savings you'd get from conversions would get sucked up in advisor fees.
Tom
I retired April 30 USPS.62 yo. After putting money into tsp. I never paid attention to Roth IRA. I should have paid better attention. I could have shifted some funds at 12%. I still have some years to do this and I will delay SS also. Does anyone have experience with Boldin software? Advice? Also I am trying to understand how to pay the tax bill for a Roth conversion I did now in June. Everyone likes to say to consult a professional I figure I got myself this far I will learn this and accomplish it too. Too bad this web group went dead. This site and Sara ( where ever she is)helped me stay the course and amass my retirement money. For that I am 🥲.
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