Discover the tips and strategies that will help you achieve your retirement goals.

I'm your host, James Canole, and this is the podcast dedicated to helping you retire well.

It all starts right here episode Ready for Retirement. I'm

your host, James Cannell. And we talk a lot about Roth conversions and Roth conversion

strategies and how it can help you to impact or how it can help you to lower the impact of your lifetime tax bill, especially throughout retirement.

Now, when I first started doing this and doing it more often with clients, my expectation

was most of them would view it as a way to reduce their lifetime tax bill.

That's kind of the first benefit.

And that is the way most people view it.

But what I quickly started to find was some people

they viewed it, yes, as how can I reduce my lifetime tax benefit or my lifetime tax bill,

but a very close second in terms of benefits for them was how will this potentially help to

make the inheritance I want to leave to my children even more beneficial. How will this not just impact

me and my retirement, but how will this also benefit my children when they inherit this in the

future? So that's the topic that we're going to be exploring today, and really this came up through

a listener question. And this question is from Kurt. Kurt says this. He says, hi, James. I subscribe to your

YouTube channel, and subscribe to your YouTube

channel, and I find your information very understandable and useful as I work my way through

the retirement jungle. I have listened to several of your podcasts regarding Roth conversions,

and I think I have a good understanding of the basic tax implications and whether it would be

beneficial for my retirement plan or not. However, I am also thinking about the

tax implications for my son when he inherits. For my question, I don't think you need to know my

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