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ROTH IRA is not a slam dunk as it seems. The rate of returns is same regardless of whether it's traditional or ROTH IRA. To compensate for the taxes paid in conversion, the breakeven period is around 5-7 years. The taxes are only paid on the amounts withdrawn from T-IRA and it would be lower due to...

old-spice2 wrote: ↑Fri Mar 21, 2025 7:16 pm

digitalnomadrn wrote: ↑Fri Mar 21, 2025 2:24 pm Where have you moved to in India and how long ago?

Bengaluru - two months back.

Great!.. I am moving to Blore too!. May be I can get some insights from you!. will DM you!

None of the travel insurance plans especially those meant for the US are worth it. There is a 10% penalty for late Medicare signups. So, the Medicare premiums will cost twice as much if you need it for some reason after, say 10 years! If you don't take it, LIA retirees like me will benefit :) One o...

I like that kind of conviction about retiring in India. Happy for you!. I can keep my income bit low and pay 30% tax in India for next 9 years with Indian residency but once I get access to my IRA accts, India tax will be a lot. All our planning so far is to make full use of these 9 years in India a...

Given I am retired already at 51 and not contributing to retirement accts, the amount I am moving to ROTH is determined by current stock value of that shares I have in rollover/traditional IRA and the earning for the year as I want to keep it under 22% tax bracket. I will continue to move to ROTH pa...

Quite resonate with this!. I am hearing from many USCs that they see themselves living in the US during the retirement than in India. If one does not have good connection with friends and extended family in India, there is a very little motivation to go to India other than vacation. It's a very cons...

Being an OP, I returned to this forum after many many months to see lots of interesting discussions!. WD40, Happy for you bud!..you are indeed a humble guy and a big contributor to this forum. BTW, You are quite close to my place in Bangalore, I am moving to Hebbal - North Bangalore in Mid August. L...

Thanks for your inputs. I do have an apartment in a Hiranandani gated community near airport in Bangalore and also I am born and raised in Bangalore before moved to US in 2000. Have tons of friends and that's the reason we are even returning to India, family and more friends. Given that we live in a...

Hello folks, We are planning to move back to Bangalore during 2025 summer after 24 years stay in US. We are US citizens and empty nesters at 50. I do not intend to work but want to manage my US investment portfolio from India, Invest in Indian market. Just intend to travel as much as possible with B...