[Danimal16]

If you have a 401k, and you desire to convert it to an IRA or Roth, you may want to do that prior to turning 70. My brother and I are discussing this. If you take social security during this conversion, which is a strategic conversion you want to keep your income, including SS low so as to avoid a higher tax bracket. Also, your monthly medicare is means tested, and SS income is included in that means testing. I have a couple of three pensions, so this has a tremendous impact on me. As far as a savings rate of 4 or 8% during the strategic conversion and all other factors it may serve me best to hold off on drawing SS until I convert my 401k over the next 3 to 5 years.