Verified Submission
retirementRoth IRA
#RI-69ba7165
about 2 months ago
1
Author avatar
Lookback period: 1 year later

"Considering backdoor Roth withdrawal strategy"

0

I opened a 3-year-old Roth IRA and did a backdoor conversion, but now I'm unsure about withdrawing the non-taxable principal

What I wish I knew
"I should have waited longer for the account to mature"
If I could tell you one thing
"Be cautious when withdrawing from a backdoor Roth conversion, and consider consulting a tax professional"
8/10
High, persistent regret.
Has not decreased significantly with time.
No regretMixedDeep regret
retirement Category Average
?%
of retirement decisions share a similar regret distribution. (Coming soon)
Impact
-
Financial and Psychosocial impact distributions for this subset.

Advice for Someone Facing This

Short, upvotable wisdom. The most helpful rises to the top.

No advice yet. Be the first to share wisdom.

Discussion

React, question, or discuss this decision.

Sign into leave a comment
Loading�