As June arrives and we mark another Father’s Day, I find myself reflecting on the quiet, steadfast leadership that fathers bring to their families, their workplaces, and their communities. The best of them lead with great care and consistency, showing up day after day, making the unseen decisions that shape a household, modeling integrity when no one is keeping score, and pointing the next generation toward something bigger than themselves. To every dad, granddad, stepdad, father-figure, and mentor in the BHWM sphere of influence: thank you and Happy Father’s Day coming up! Your guiding hand matters more than you may ever know to those around you.
On the planning front, our Idea of the Month for June is the Roth Conversion, one of the most powerful, and most commonly misunderstood, tools in the retirement planning toolkit.
Done at the right moment, in the right tax bracket, for the right reasons, a Roth conversion can be a tremendous blessing: it can shrink future Required Minimum Distributions, lock in today’s tax rates against an uncertain tomorrow, and pass tax-free assets to the next generation. It’s the kind of move that, executed well, keeps on giving for decades.
But the same tool, used at the wrong time or for the wrong reasons, can do real damage, accelerating taxes you didn’t need to pay, pushing income into higher brackets, or surrendering capital that would have grown more efficiently elsewhere. A Roth conversion is not a universal yes or a universal no; it’s a who, when, and how much question. Inside this month’s edition, you’ll find our BHWM Roth Conversion Decision Tree, a simple framework we use with clients to start that conversation. As always, if you’d like to walk through your own situation, our door is open.
Enjoy and be blessed!
Dad Joke of the Month
What did the ocean say to Dad on Father’s Day? Nothing. It just waved.
Market and Economic Data Update
Data just below is as of May 29 2026
Chart of the Month
