John B. Savin has a traditional IRA with a balance of $200,000. He has cash of $68,000. John's tax bracket is 34%. John will reach retirement age (60) in 20 years. His projected rate of return on his IRA (or if converted his Roth IRA) is 11%. John's cash account grows at a rate of 1.5% per year. Compare John's after-tax spending power at age 60 if he converts his IRA to a Roth IRA versus if he leaves the traditional IRA alone.