Excellent video! Now how about one for single retired folks too.

Great strategy!  
  Your comment about Roth conversions on a $1.5-2.0 million have so many options.  Just as you talked about 0% harvesting of Cap gains, they could be pulling $145K out from the traditional before they leave the 12%!   This money, above lifestyle needs, could go to conversions or slip into a brokerage.  
   I see this as the #1 reason to delay SS for those with two-comma traditional balances.  It would take big balances, or exceptional markets to outgrow this strategy.  
  Why take SS early, only to give it back in high taxes during RMDs?

Very good review and explanation. Thank you.  I would add that planning to take SS at 70 also can reduce the widow's penalty, improves spousal benefit and helps insure against inflation, longevity and sequence of returns risk (you could pull it early if you had to).  This is very strong.

A very simple recommendation is to start a small back door Roth to get the 5 year clock rolling so the Roth is available for use..  If you have a Roth IRA and a traditional IRA, you can monetize the Roth Account after 5 years. There is no tax on the earnings coming from a Roth IRA.  Overall, the income model in retirement is really about having options, therefore there can be no cookie-cutter plan.

You know what really pisses seniors off... being in their late 60's and just finding out about IRMA!  No one I've ever spoke with has ever heard about it,  Its criminal.    Most of these people have a million or so in stocks as well as a home worth a million or more.  No one person has advice for these folks...not to mention, most never had children.   Guess they have been chosen to keep the gov afloat!

Alternatively, folks will benefit if they build up qualified dividend income in a taxable account as those dividends also can be taxed at 0%.

The deductions could be used to convert part of a tax deferred account to a Roth IRA, and the qualified dividends (and/or capital gains) can be used for income with 0% taxation or a marginal tax of 15% if the 0% tax bracket is exceeded.

Thanks, good info.  What about those over age 65 who have an income, consisting of social security and pension..?  Can I still take out the $47,500 (from 401k) without being taxed on it..?

What about putting some of that excess into a Roth and growing it there

Ryan, thank you for sharing, what happen we have large IRA balance? for example $5M in the IRA balance, Is this still applicable?

Can someone please educate me on the taxable brokerage account theory? So is it me or am I missing something? If a taxable brokerage account has any $$$ amount in it, taxes were already paid on that $$$ while they were working. Are we not to count or use that amount towards taxes paid when we withdraw? If that were the case, Y not simply deposit that $$$ in a Roth so it can grow tax free and withdrawals can be made tax free? And no 10 year rule when and if someone inherits it.

That’s a lot of assumptions for the average American.

what if your not 65yr and your on ACA healthcare, 62 yr here

The $98,900 applies to total taxable income, not just capital gains.

Here's what you forgot even if you delay social security: Dividends and Interest

If you're claiming $98,000 on capital gains from equities, you're  going to have a dividends which are taxable in the year your receive them even if you reinvest.
And that $110,000 you are "banking" is going to make about $4,400 interest in the bank which is also taxable.

I dislike  misleading adds like these. Most couples are not both 65 and the three years  will pass and the spouse will never get it.

It’s only for the next three years though.

RMDs get a bad rap and aren't a problem. The government has allowed you to compound savings for decades tax free which raised your CAGR over that entire period of time. What a deal and quit complaining if your RMDs are large enough to have to kick back some taxes. Most people would love to be in that position. I will say that your strategy is excellent if your net worth and investments fit within the parameters you described.

Only till 2028

I've seen several videos with this "strategy" and they are always for a married couple. I guess because the annual numbers are more impressive. As a single guy,.. Useless.

This doesn’t work when the money is in a traditional IRA or 401k. That money is not capital gains and needs a Roth conversion.