I have a basic question I was hoping some of you can help with.
BLUF::
If I have a pile of cash for lets say 1st 2-3 years of FIRE, can I load up ROTH IRA like gangbusters, staying under the $78,750 limit and therefore realize a 0% tax rate?
Background::
DW and I are right at 25x expenses. Milestone unlocked!
A concern that we have though is that we have too much in Tax-deferred, not enough in taxable to last the next 14 years before 59.5.
We are 38% taxable and 62% tax-deferred, with less than 7% of the latter in Roth vehicles.
In preparation for FIREing myself, I have been lavishly piling up 401K (up to employer match), HSA, and then cash.
We currently have a years' worth of expenses in cash.
Thought Experiment Question::
Assuming little to no effect of dividends from other investments, if in my 1st year of retirement (assume 1/1/2020) I operate on only cash that was saved - can I plow $78K into a roth IRA with $0 taxes?
