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How do you coordinate 401(k), IRA, and Roth strategies for someone planning to retire in 5 years?

5-year retirement planning requires careful coordination:

  • 401(k) optimization: Maximize final years of high-income contributions
  • Roth conversion strategy: Convert traditional IRA funds during potentially lower-income retirement years
  • Asset allocation: Shift to more conservative allocation as retirement approaches
  • Withdrawal sequencing: Plan optimal order of account withdrawals to minimize taxes

Range creates a comprehensive retirement withdrawal strategy that considers:

  • Current tax rates vs. expected retirement rates
  • Required minimum distributions starting at age 73
  • Social Security timing optimization
  • Healthcare cost planning

Sources: Advanced Retirement Planning Strategies for High-Income Earners

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