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Retirement is the period of time when a person stops employment completely. It is usually the end of a person's career. Retirement is when someone stops working because they are getting old and can no longer work. It is the time in a person's life when they can enjoy the fruits of their labor and spend time with family and friends. Retirement can also be a time of financial planning, as it is important to have enough money saved up to live comfortably during retirement. In this section, you can find articles, videos, and news related to retirement and related topics.
QUESTION:My wife has two after-tax traditional IRAs at two separate institutions. We are hoping to consolidate them, then convert to a Roth in the next 18 months. She is already retired. She also has an inherited IRA (from her father). Does the calculation for taxation on the conversion to Roth need to include the assets in the inherited IRA? Do assets in my IRA have any impact on the calculation?
– A couple of years ago, Mr. Money Mustache lost some credibility among the faithful when he wrote this blog post about actually trying to spend a bit more money, while buying a Tesla as the first step in that program. “Look at me!”, I thought to myself at the time, “I’m such an enlightened