Why is our adviser pushing us to do Roth conversions? We have $200,000 in his Roth and my husband has $600,000 in his IRA. I have $350,000 in my IRA.
There is a brokerage account with $1 million. We have a $100,000 emergency fund. Our basic living expenses are covered by $110,000 in annual pensions and Social Security.
Our home is paid for and we have another $50,000 put aside for our next vehicle. Our financial adviser is strongly suggesting that we convert more to Roth. Given our age, why are they pushing this?
Copyright ©2026 MarketWatch, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8 ‘She’s a Type A personality’: My stepmother wants me to repay my late father’s $40,000 wedding gift. Citi throws in the towel on hyperscalers after a key stock-market bet misfires In the hunt for $1 trillion of revenue, SpaceX reportedly targets Boost Mobile for a deal How to navigate a market that hinges on just a handful of companies Oil prices could average $130 a barrel next year, according to Goldman Sachs Quentin Fottrell is MarketWatch's managing editor for advice columns and writes the column The Moneyist.
You can follow him on Twitter @quantanamo. Intraday Data provided by FACTSET and subject to terms of use. Historical and current end-of-day data provided by FACTSET.
All quotes are in local exchange time. Real-time last sale data for U.S. stock quotes reflect trades reported through Nasdaq only. Intraday data delayed at least 15 minutes or per exchange requirements.
Extract — continue reading at the source.
