If you’re bringing in roughly $130,000, you have some room to do conversions before you hit that threshold, at least until you have to start taking RMDs. If you don’t touch your IRAs, your combined $2.3 million could be worth $3.7 million by the time you hit the age you have to start taking money out. Your combined RMDs once you both start could be $140,000 a year; that’s considering average 7% growth, and is just a rough estimate. Even with just your pension income, you would mostly likely be paying tax on ...