Market corrections can be unsettling, but for savvy investors, they also unlock powerful planning opportunities. In this eye-opening episode, Michael and Brady break down why a down market might be the perfect time to consider a Roth conversion. Learn how converting pre-tax retirement savings to Roth during a downturn can reduce your tax liability and supercharge your future tax-free growth. Discover who should consider this strategy, the key tax traps to avoid, and why coordination with your financial and tax professionals is critical. Whether you're years away from retirement or already taking distributions, this timely discussion could help you turn market lemons into long-term tax-free lemonade. If you're serious about proactive tax planning and wealth building—even in volatile times—this is an episode you won’t want to miss.

Key Takeaways:

• Why is a market downturn a strategic time to consider a Roth conversion?

• What key tax and income considerations should be reviewed before making a Roth move?

• Who stands to benefit most from Roth conversions, and how can professionals help guide the decision?

Key Timestamps:

(00:00) – The Psychology of a Pullback & Planning Ahead

(03:00) – Beyond “Hold the Line”: Turning Volatility Into Strategy

(04:30) – What is a Roth Conversion?

(06:00) – The Long-Term Tax-Free Growth Advantage

(08:30) – Roth vs. Traditional in Retirement

(10:00) – Why Down Markets Can Mean Lower Tax Bills

(13:00) – Who Should Consider Roth Conversions?

(15:00) – Key Tax Considerations & Common Pitfalls

(18:00) – Avoiding Mistakes: Timing, Income, and Liquidity

(21:00) – Who to Involve: Advisors, CPAs, and Your Spouse

(23:00) – Executing Smartly

Key Topics Discussed:

Financial Fortitude, Genesis Wealth Planning, Brady Hemmerle, Michael Acosta, Financial Wellness, Wealth Building, Financial Psychology, Financial Advisor, Finance Coach, Student Loan Debt, Finance Guidance for High Earners, Business Owner Finances, Hiring a Financial Advisor, Student Loan Forgiveness, Tax Strategies, Retirement Planning, Investing Strategies, Stock Market Crashes, Millennial Financial Planning, Gen Z Money Struggles, Overcoming Financial Stress, Building Financial Confidence, Modern Financial Goals Strategy, roth conversion during market downturn, tax planning strategies 2025, retirement planning in volatile markets, roth IRA vs traditional IRA, financial advisor tax strategies

Mentions:

Website: https://www.genesiswealthplanning.com/

Michael’s LinkedIn: https://www.linkedin.com/in/michaelracosta/

Brady’s LinkedIn: https://www.linkedin.com/in/brady-hemmerle-cfp%C2%AE-75043013a/

Financial Health Checkup: https://www.livingbalancesheet.com/lbsVision/lite/michaelracosta

This podcast is for informational purposes only and is not to be construed as tax, legal, or investment advice. Although the information has been gathered from sources believed to be reliable, please note that individual situations can vary. Therefore, the information should be relied upon only when coordinated with individual professional advice. Guest speakers and their firms are not affiliated with or endorsed by PAS, Guardian, or Genesis Wealth Planning and opinions stated are their own. Guardian, its subsidiaries, agents, and employees do not provide tax, legal, or accounting advice. Consult your tax, legal, or accounting professional regarding your individual situation. All investments and investment strategies contain risk and may lose value.

Michael Acosta is a Registered Representative and Financial Advisor of Park Avenue Securities LLC (PAS). OSJ: 6115 PARK SOUTH DRIVE, SUITE 200, CHARLOTTE NC, 28210, 704-5528507. Securities products and advisory services offered through PAS, member FINRA, SIPC. Financial Representative of The Guardian Life Insurance Company of America® (Guardian), New York, NY. PAS is a wholly owned subsidiary of Guardian. Genesis Wealth Planning is not an affiliate or subsidiary of PAS or Guardian. CA Insurance License # 0M50974. 7237198.6. Expiration 4/27.