Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Quick Summary If you have around $1 million saved for retirement, doing the ‘safe' thing with your accounts can feel like good housekeeping. But some well-intentioned moves lock in higher taxes for decades by limiting flexibility around withdrawals, conversions, and income timing. If you want to see how different choices actually play out over a full retirement, you can model the tax tradeoffs before the ...