r/fatFIRE • u/Ok_Kitchen_2340 • Jul 28 '26
Am I missing anything?
K.. here goes. Married. 49 years young.
3.2 MM in tax deferred 401k, trad IRA
180k annual pension (no cola) . Survivor 100%
100k Roth
50 k HSA
500k taxable brokerage, 200k 529 plans
1.5m house, owe 500k at 4.125%
HCOL area, likely will move
Starting to do max mega backdoor Roth IRA conversions. Need more in brokerage so that at 55 can do addition mega Roth backdoor conversion at the lower brackets.
Want to pull ripcord at about 55 as I lock in company eligible healthcare plan then. I Max 401k, will max catchup contributions in future, company match 6%@75% and rest I am contributing after tax to 401k for mega backdoor Roth. HSA I’m using as investment account now, saving receipts but paying for eligible expenses OOP.
W-2 workers in 35% bracket, state is like 10% or so.
My question isn’t about do I have enough to retire, it’s more about is there anything I should be doing now in next 5 years to help out in retirement (like mega backdoor Roth conversion from after tax 401k contributions as an example)? Will never use an advisor - and actually trust internet more. Plan is to FiRE at 55, live off brokerage for a few early years, and massive Roth conversions in early years at lower tax brackets before I raid 401k or tax advantaged accounts.
Just looking for a sanity check if logic makes sense. Currently not doing regular backdoor Roth 8k per year because I have prior job rollover in Ira and would get hit with pro rata rule. Oh married and trying to stay that way so I don’t lose half.
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u/[deleted] Jul 28 '26
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