ROTH conversion is a powerful tax planning strategy, but how do you actually use your retirement saver? A recent survey of Boldin subscribers revealed that users are not only very involved in Roth’s transformation plans, but also take meaningful actions based on Boldin’s tools and insights.
The results show that 89% of respondents Evaluating conversion strategies using Boldin’s Roth Conversion Explorer or Money Flows tools, the majority have evolved Multi-year plan To optimize tax efficiency. moreover, 83% of users Tell them either they took action or they plan to do so in 2025.
Below we categorize six amazing takeaways from our survey.
The overwhelming majority of respondents (89%) strategized the Roth transformation using Boldin’s tools, indicating that 49% used Roth Conversion Explorer and 36% used both Explorer and Money Flows.
Only 6% reported not using these tools, while 1% were unknown.
Roth Conversion Explorer Evaluating loss conversion Money flows This is a way to assess the impact of this financial strategy on current and projected financial situations.
- Explorer runs a highly sophisticated algorithm to evaluate a number of potential loss transformation strategies, aiming to identify the most effective approach based on specified goals, future economic assumptions, and personal financial parameters. Users can evaluate the proposed plan and compare it with all financial metrics through scenario comparison.
- Money flow allows users to model specific loss conversion amounts for the year they wish to use and assess the impact on a variety of financial metrics, including lifetime tax liability and net worth at retirement and life expectancy.
2. Boldin users develop complex Roth strategies over multiple years
Boldin users are looking for a sophisticated multi-year strategy when considering Roth conversions. A full 71% of subscribers have developed conversion plans over the years using the tool, with another 24% taking in both this year and multi-year approaches.
Only 4% of respondents focusing solely on the current year emphasize the importance that Boldin users are suited to long-term tax planning.
The duration of conversions varies as follows:
- 50% of users planning a multi-year conversion strategy plot conversions over 5-10 years
- 26% plan for a period of 2-4 years
- 15% plan for 11-5 years period
- 9% plan for over 16 years
3. Loss conversion planning is a financial habit, not a one-off action
When asked about how often you use Boldin’s Roth Conversion Explorer, 76% leveraged multiple times throughout the year, 11% checked at the end of the year, and 4% only ran the tool at the end of the year.
Boldin’s coaching and support staff use the “Apply to Plan” feature to create multiple scenarios as decision tools before performing a Roth conversion, and report that users are running the tool frequently.
Beyond modelling, many respondents were already taking action or planned to perform a Ross transformation soon. A complete 83% of respondents say they plan to take an action or action in 2025 based on information obtained using the Boldin Roth transformation feature.
When conversions are performed, there are different timings. There are many different ways to think about when to convert.
- 42% of Boldin users preferred to convert once a year at the end of the year
- Waiting until the end of the year will allow users to better estimate the ideal amount of conversion if they manage tax brackets, Irmaa brackets, or other thresholds.
- 35% of respondents expand their conversions throughout the year
- Users can perform multiple conversions throughout the year as stock prices change, with more detailed information about their annual income compared to the brackets and thresholds they are trying to manage. One reason for converting at the beginning of the year is that by converting when the stock price is low, users could potentially convert more stocks for less dollars.
- A small group of 14% took action sometime in the middle of the year.
- Running a conversion in the middle of the year could indicate that users are confident enough to take the action.
- 10% was converted at the beginning of the year
- Conversion at the beginning of the year shows that stock prices are beneficial if the stock price rises by the end of the year, as users could potentially convert more stocks with fewer dollars.
Why are few people not taking action?
Among those who chose not to take action on Roth’s conversion, the most common reason (30%) was uncertainty about whether conversion was beneficial. Others cited inability to pay taxes on conversions or reluctantly (15%), plans to seek financial advice beforehand (12%), or other personal factors (42%).
5. Transformation goals vary
A sensible strategy for loss conversion requires setting key goals for performing the transformation. The research also revealed that the reasons for the conversion were various.
- 32% were aiming to reduce lifetime tax liability
- 30% wanted to fall below a certain tax limit
- Only 20% of people tried to improve their real estate.
- And only 6% were trying to minimize Irma
The confidence level of loss conversion strategies was generally high among users. Over half (55%) expressed moderate confidence that the plan would improve its financial outlook, while 27% were very confident. However, 18% remained uncertain about the impact of the loss conversion strategy.
And Boldin’s Roth conversion feature received strong approval, with 82% of respondents reporting satisfaction (65% satisfied and 17% very satisfied). However, 14% indicate that they are not satisfied, highlighting potential areas for further improvements.
Conclusion
The findings show that Boldin users are very involved in Loss conversion planning and appreciate their ability to model strategies over the years. The trust level of Boldin’s tools remains strong, and the majority of users are happy with their functionality.
How to conduct the survey
The Boldin User Survey was conducted to gain deeper insight into how PlannerPlus subscribers utilize the Roth conversion capabilities and their impact on decision-making processes. The survey was distributed to active Boldin users who logged in to the planner on the morning of Friday 28 February 2023.
A total of 208 users participated in the survey and provided data on loss conversion strategies, frequency of use, and satisfaction with platform features. 92% of respondents were bewtewen at age 50-69 (36% were 50-59, 56% were 60-69).
Responses were anonymized and aggregated to ensure data accuracy and reliability.
The findings of this study provide a valuable snapshot of how Boldin users approach Roth conversions, highlighting multi-year planning trends, timing preferences, and confidence levels of financial decision making. These insights will help Boldin to further refine its tools and educational resources and properly serve users to optimize their retirement strategies.
Details on Boldin Planner and Roth conversion
Boldin Planner is powerful software that will take you through control. It’s like having a financial expert at your fingertips. Research shows that people with written financial plans are 2.7 times better financially. Additionally, you are 54% more likely to live comfortably when you retire. It’s not luck, it’s controlling your money. It is named Boldin Planner Best Financial Planning Software of 2025 And the company was chosen as a top innovator Uplink Longevity challenges and thrive, named Fintech 100 By cbinsights.
And here is some additional information about the ROTH conversion:
