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I am concerned that not only will tax rates rise, but that 401k's and IRA's MAY be subject to Gov't control in the future. So I am drawing down these funds by converting $40k/year into my Roth IRA. I also withdraw a lesser amount for "expenses" even tho I can live without it because I want to reduce the tax bite on the Required Minimum Withdrawals which could be even larger in the future. Of course I pay taxes on these monies but I somehow feel compelled to secure these funds at the first, fiscally prudent opportunity. I do not have the bulk of my retirement funds in equities but I do have significant exposure to corporate bonds, REITS, muni bonds, and commodities (oil, agriculture). Most of the money is in cash or Stable value, and fixed guaranteed pension accounts yielding 3% overall.
Does anyone think I am making a terrible mistake ?
Is anyone else "front-loading' their withdrawals for the same reasons?
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