Financial Advisor Roth Conversion Analysis
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Create a Roth conversion analysis for client considering converting traditional IRA assets.

Client details (placeholders):
- Current age: [age]
- Retirement age: [target]
- Traditional IRA balance: $[amount]
- Roth IRA balance: $[existing]
- Current tax bracket: [%]
- Expected retirement bracket: [%]
- Years in retirement: [estimate]
- Current income: $[amount]

ROTH CONVERSION ANALYSIS

1. ROTH CONVERSION BASICS
   - What it is: convert pre-tax to after-tax money
   - Tax due: converted amount added to ordinary income
   - Long-term benefit: tax-free growth and withdrawals
   - RMD benefit: Roth has no RMDs
   - Estate benefit: tax-free inheritance for heirs

2. WHEN ROTH CONVERSION MAKES SENSE
   - Currently in lower bracket than expected in retirement
   - RMDs will push into higher bracket later
   - Estate planning — leaving tax-free assets
   - Long time horizon for tax-free growth
   - Can pay tax from non-IRA funds

3. CONVERSION ANALYSIS

   SCENARIO A — NO CONVERSION
   - Traditional IRA at retirement: $[projected]
   - RMD at age 73: $[estimate]
   - Tax on RMD: $[at expected bracket]
   - Net after-tax wealth: $[]

   SCENARIO B — PARTIAL CONVERSION
   - Convert: $[amount per year for X years]
   - Tax cost now: $[per year at current bracket]
   - Roth value at retirement: $[projected]
   - RMD reduction: $[]
   - Break-even point: [years]

   SCENARIO C — FULL CONVERSION
   - Convert entire balance: $[]
   - Total tax cost: $[]
   - Roth value at retirement: $[]
   - Break-even: [years]

4. OPTIMAL STRATEGY
   - Recommended approach: [partial/full/none]
   - Annual conversion amount: $[]
   - Target bracket to fill: [%]
   - Years of conversion: [number]
   - Tax payment source: [non-IRA funds]

5. COORDINATION CONSIDERATIONS
   - Medicare IRMAA: [income thresholds]
   - ACA subsidies: [if pre-Medicare]
   - State taxes: [consider]
   - Required minimum distributions: [timing]

Note: Verify current tax brackets and RMD rules. Tax advice requires licensed CPA. Consult tax advisor before converting.

Source: https://promptzyo.com/prompt/financial-advisor-roth-conversion-analysis