Middle-aged married mom looking ahead while enjoying today The Start of 2026 Planning
October 25th, 2025 at 03:35 pmThe IRS has released the income tax brackets for 2026 so I’ve begun planning our money management strategies for next year. I’m planning to aggressively execute Roth conversions in 2026 and that process will be new for me. The main learning that I took away from the recent free financial course that I attended was the risk that I’m taking by having most of my retirement savings in a tax deferred account.
Making big money moves always feels scary to me, but after rolling over my entire 401k, nothing should scare me. It’ll be tough to see the total portfolio decrease as I continue to withdraw living expenses and at the same time pay taxes on the amounts converting to the Roth but the truth is that I should see my IRA as smaller than it is since it’s untaxed.
I’ve got the plan in place and most of the conversions will be at the beginning of the year. I’m eager to get it going.
Next up: strategizing our health coverage for 2026.