Roth Conversions Are Expensive. 4 Reasons to Skip Them.
Schedule your complimentary phone call with us: https://retire.phibbsfinancial.com/xi... This video breaks down the reality of Roth conversions, explaining when they make financial sense and when you should avoid them entirely. We cover the specific scenarios where paying taxes now can create significant long-term value for your portfolio. ------------------------------------------------------------------------------------------------------------------- I'm Trevor Phibbs, a CERTIFIED FINANCIAL PLANNER® and the founder of Phibbs Financial. We're a family-owned fiduciary firm in Draper, Utah. Most people who are afraid to spend in retirement don't have a money problem. They've just never had anyone sit down and show them what they actually have. That's what we do. ------------------------------------------------------------------------------------------------------------------- Investment advisory services offered through Phibbs Financial Services LLC ("Phibbs Financial"), a registered investment advisor in the state of Utah and other jurisdictions where exempted. Insurance products and services offered and sold separately through Phibbs Insurance Services LLC in all appropriate jurisdictions. This video is educational only. It is not individualized investment, tax, or legal advice, and watching it does not create an advisory relationship. All investing involves risk, including loss of principal. Any client experiences described are illustrative and may be composite. Comments on this video are not solicited or compensated, are not verified, and are not testimonials or endorsements. Full disclosures: https://www.phibbsfinancial.com/discl...
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