If he didn't do the conversion and left his money in his 401 (k) or traditional IRA, he would instead pay a 25% tax on each of the RMDs he would receive in subsequent years (this is assuming the ...
-- "The S&P 500 would be fairly valued in the 4,750 range by end of 2024." -- The "S&P 500 [will] end 2024 between 4,700 and 4,800." -- "Our year-end 2024 fair-value target range [is] 4,850 to 4,950." ...