Based on the assumptions you provided, your current traditional IRA account might generate a monthly income of $21,344, while converting your Traditional IRA to a Roth IRA you might generate a monthly income of $24,853. The total gain/(loss) of a Roth IRA conversion over the selected distribution period might be $336,840.<table class='pure-table' role='grid'><tr><th colspan='3' class='section'>IRA Conversion Analysis</th></tr><tr><th class='section'>Conversion Phase</th><th scope="col">Traditional IRA</th><th scope="col">Roth IRA</th></tr><tr><td>Current IRA balance: (deductible)</td><td>$1,000,000</td><td>n/a</td></tr><tr><td>Current IRA Balance: (non-deductible)</td><td>$0</td><td>n/a</td></tr><tr><td>*Side account</td><td>$220,000</td><td>n/a</td></tr><tr><td>Roth conversion amount: (before-taxes)</td><td>n/a</td><td>$1,000,000</td></tr><tr><td>Less conversion tax liability</td><td>n/a</td><td>$0</td></tr><tr><td><b>Adjusted beginning comparison balance</b></td><td><b>$1,220,000</b></td><td><b>$1,000,000</b></td></tr><tr><th class='section'>Accumulation Phase</th><th scope="col">Traditional IRA</th><th scope="col">Roth IRA</th></tr><tr><td>Estimated IRA balance: (deductible)</td><td>$1,850,932</td><td>n/a</td></tr><tr><td>Estimated IRA balance: (non-deductible)</td><td>$0</td><td>n/a</td></tr><tr><td>*Estimated side account</td><td>$357,049</td><td>n/a</td></tr><tr><td>Estimated Roth IRA balance</td><td>n/a</td><td>$1,850,932</td></tr><tr><td><b>Estimated value at retirement: (before-taxes)</b></td><td><b>$2,207,980</b></td><td><b>$1,850,932</b></td></tr><tr><th class='section'>Distribution Phase</th><th scope="col">Traditional IRA</th><th scope="col">Roth IRA</th></tr><tr><td>Annual after-tax income: (deductible)</td><td>$202,797</td><td>n/a</td></tr><tr><td>Annual after-tax income: (non-deductible)</td><td>$0</td><td>n/a</td></tr><tr><td>*Side account income</td><td>$53,329</td><td>n/a</td></tr><tr><td>Roth IRA income</td><td>n/a</td><td>$298,231</td></tr><tr><td><b>Total annual after-tax income</b></td><td><b>$256,126</b></td><td><b>$298,231</b></td></tr><tr><td><b>Total monthly after-tax income</b></td><td><b>$21,344</b></td><td><b>$24,853</b></td></tr><tr><td><b>Total Roth Gain/Loss for Distribution Period</b></td><td><b>n/a</b></td><td><b>$336,840</b></td></tr></table> <div id="chart1Container">Chart will load here</div> <script type="text/javascript"> <!-- var myChart1 = new FusionCharts( "MSColumn2D", "myChart1Id", "100%", "100%", "0", "1" ); myChart1.setXMLData("<chart showValues='1' showFCMenuItem='0' decimals='0' formatNumberScale='0' caption='Monthly Retirement Income' xAxisName='' numberPrefix='$' bgColor='FFFFFF' showBorder='1' borderColor='FFFFFF' borderThickness='1' canvasBgColor='ffffff' showAlternateHGridColor='0' plotGradientColor='' numberSuffix='' thousandSeparator=',' decimalSeparator='.'><categories><category label='' /></categories><dataset seriesName='Traditional IRA' color='33A3C1'><set value='21344.0' /></dataset><dataset seriesName='Roth IRA Conversion' color='FFA056'><set value='24853.0' /></dataset></chart>"); // --> </script> * The 'side account' is used to reflect the cost of paying the conversion tax using the 'Pay Taxes From non-IRA Assets' option and is assumed to be a taxable account.