62 • RUBY, WILDING & SWANSBURG Several years ago, I was surprised to learn there wasn’t an easy way to answer that question. Sure, there were internet calculators for your mortgage pf uatyumr ee tnatxseasnidn mr eot inrtehml ye nbtuedvgeent se, xbiustt endo. e a s y w a y t o e v a l u a t e As an actuary and a saver, that didn’t sit right with me. "Retirement Tax Bill" Analysis A( y feesw, t hy iesa irss ab raecakl, tI hwi nags as ci tttui na rgi ea sr oduon) d. I thhai nd kbi ne cgoamb eo umt omr ey aI Rn Ad ms t roartee igni et esr easrtoeudnidn tRa ox tsht r caot engvieerssiino nr es t i(rae mR eont ht , pc aorntvi ceur lsai or lny iins wi nht oe na yt aoxu- f rceoen vaecrcto uyno tu, rl i kt aex a- dRe of etrhr eI Rd Aa)c. cUosuunatl l [yl,i kt he i sa nm eI Ra nAs] tt hh ee st aa xv ee sr wo ni t ht hdor as ew sf ufnudnsd, sa fnrdo mt h tehne dqeupaol isfiitesd t ahcec or eumn ta, ipnai ny gs funds into a tax-free Roth account. f m o y r a w T ll i h f t e e h a i e d n e r d e a a I h s d a o o d n n s a ’ t l B w e e x a c p y k e s y c i t o n u t t o e tl r i b e n e s e t i d e n d i a n m l t o e h w , e p e p r r r i m t e a v a x i r o b i u l r y s a b c c k e h e c a t a p u w t s e h e r e —— n we retire (in fact, we’re concerned we could be in a higher bracket in the future, but more on that later). Despite my interest in the concept of Roth conversions, I faol lu, nmdoistt hoaf ridt wt oaes vtahleuoarteet ti chael ,i na nf odr mI ’ ma t iaonnuImwbaesr rsegaudyi n. g . A f t e r So, like any good actuary, I opened up Excel and started calculating. My goal was to determine the total amount of taxes I was going to pay on my IRA from now until I died. I knew it would be high. But, I was absolutely blown away by what I found.
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