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Have Multiple Retirement Accounts? Use Them In This Order.
FYI: As an investor, it’s easy to blow it. You could sell too early, buy too late. Bet on a loser or pass over a winner. But often the most damaging mistake has nothing to do with the selection or timing of investments—it is carelessness when it comes to managing a portfolio for taxes. This is particularly important when you’re planning how you’ll take withdrawals for retirement income. Regards, Ted https://www.marketwatch.com/articles/have-multiple-retirement-accounts-use-them-in-this-order-51553425225?mod=barrons-on-marketwatch
The conventional view is that taxable investment accounts should be liquidated first, while tax-deferred accounts are allowed to continue to compound. ...
However, the optimal approach is actually to preserve the tax-preferenced value of retirement accounts and to fill the tax brackets early on, by funding retirement spending from taxable investment accounts [while doing Roth conversions] ...
... tap investment accounts for retirement cash flows in the early years, [and tap] a combination of taxable IRA and tax-free Roth accounts in the later years
https://www.i-orp.com/bequest/extended.html does the calcs for you and winds up (at least my inputs) in the same 'combination' place as kitces, and has led me to do more 50-50 (+/-) than I would've been inclined to otherwise
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Tax-Efficient Spending Strategies From Retirement Portfolios
https://www.kitces.com/blog/tax-efficient-retirement-withdrawal-strategies-to-fund-retirement-spending-needs/Emphasis in original.
I thought my allergy meds were messing with my short term recall of a post here.