Smart Tax Diversification & Roth Conversions

Money Matters by Allworth Financial

Allworth Financial

Investing, Business, Business:investing

4.7 • 839 Ratings

🗓️ 7 March 2026

⏱️ 52 minutes

🔗️ Recording | iTunes | RSS

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Summary

In this episode of Money Matters, Scott and Pat unpack why tax diversification is one of the most overlooked strategies in retirement planning. From a 70-year-old investor with $3.6 million mostly in traditional IRAs to a 55-year-old looking to retire early and start Roth conversions, they explore how tax diversification can help reduce lifetime taxes and create flexibility in retirement income. You’ll hear discussions about: -When Roth conversions make sense — and which tax bracket to target -How much cash and bond exposure you really need before retiring -The realities of the 4% rule -401(k) vs. brokerage — and where bonds and equities should actually live -How diversification protects your lifestyle, not just your portfolio Join Money Matters: Get your most pressing financial questions answered by Allworth's co-founders Scott Hanson and Pat McClain. Call 833-99-WORTH. Or ask a question by clicking here. You can also be on the air by emailing Scott and Pat at questions@moneymatters.com. Download and rate our podcast here.

Transcript

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0:00.0	Would you like an opinion on a financial matter you're dealing with?
0:08.9	Whether it's about retirement, investments, taxes, or 401Ks, Scott Hansen and Pat McLean would like to help you by answering your call to join Allworth's Money Matters.
0:18.7	Call now at 83399 Worth. That's 83399 W-O-R-T-H. Welcome to All-W-Worth's Money Matters, Scott Hanson.
0:28.3	Pam McLean, thanks for joining us. Glad to have you with us as we talk about financial matters. We are recording this on March 3rd. so lots moving right now if things have changed between
0:42.3	the time of recording the time you listen that's almost a guarantee yeah absolutely wow I tell
0:49.5	you you know you over the weekend right obviously? Obviously, we move on Iran.
0:56.6	Kind of saw that coming.
0:58.0	You know, the buildup and forces the negotiations.
0:59.9	Yeah, you kind of saw that coming.
1:02.9	You didn't know when it was going to happen, but you kind of saw it.
1:05.4	The prediction markets, which I think are actually just ripe for fraud and staff.
1:13.1	They're actually really pretty good at predicting these sort of things
1:16.0	when people put money on their beliefs.
1:18.8	They have a tendency to...
1:19.5	Well, particularly when somebody has a little bit of insight information on it.
1:22.2	That's true.
1:22.9	That's true.
1:23.4	I didn't think about it like that.
1:25.1	There's someone with access to the situation room or wherever these decisions are made
1:29.4	consensibly.
1:30.2	That's another story.
1:30.8	But the prediction markets were pointing this direction.
	...

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