Hi All,
I'm unsure if I should be considering/investigating this or not.
I'm 54, and not yet retired. So by 5 years forward, I would be 59, and likely at the magic 59.5 as I likely won't retire this year, and then I can withdraw from my 401k rollovers without penalty.
My current Roth accounts are about 10% of my stache. So lets say I retire in 2 years with 100k Roth and 900k IRA rollover/401k.
I draw exclusively from the current company 401k as I am over 55 and can access without penalty, and then the rollover for needed funds once at 59.5, and leave the Roth to grow.
I'm thinking that this obviates any need to Roth conversion ladder.
Am I missing something? Should I reconsider?
And any comments on the general overall strategy are appreciated!