Income
Fixed income — age 62 base (inflation-adj)$40,000
Nest egg draw — age 62 base (inflation-adj)$40,000
Inflation rate2.5%
Investment return6.0%
Tax & IRMAA filing status
Standard deduction
Account Balances at Age 62
Tax-deferred (IRA / 401k)$800K
Taxable accounts$200K
Roth accounts$150K
Roth conversion (ages 62–74)
Annual conversion amount
$0
Moves IRA → Roth each year; added to MAGI. Stops at 75 when RMDs begin.
MAGI = AGI: Fixed + Draw + Conversion (62–74) + Excess RMD (75+) − Std. ded.
Draw order: Taxable → Tax-def → Roth
Draw order: Taxable → Tax-def → Roth